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TXNM Energy announces a public offering of common stock worth $400 million. The proceeds are intended to repay borrowings under its term loan agreement.
Amount Raised
$400 Million
Round Type
Debt Financing
AlbuquerqueEnergyOil And GasRenewable EnergySolarEnergy ManagementEnergy StorageEnergy EfficiencyBiomass EnergyDescription
TXNM Energy, Inc. has commenced an underwritten public offering of $400 million of shares of its common stock. The offering, subject to market conditions, is aimed at repaying borrowings under its term loan agreement. Wells Fargo Securities is the sole book-running manager for this offering
Fundz sees it the moment TXNM Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
TXNM Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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