{"filing":{"accession_number":"0001108426-26-000044","cik":"0000081023","ticker":"PNMXO","company_name":"PUBLIC SERVICE CO OF NEW MEXICO","form":"8-K","filing_date":"2026-07-21","report_date":null,"primary_document":"pnm-20260721.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/81023/000110842626000044/pnm-20260721.htm"},"events":[{"id":19160,"run_id":17239,"accession_number":"0001108426-26-000044","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Public Service Co of New Mexico entered into a $195.0 million term loan agreement on July 21, 2026, maturing January 21, 2028, with customary covenants including a debt-to-capitalization ratio requirement. This represents a material new direct financial obligation for the utility company.","company_name":"PUBLIC SERVICE CO OF NEW MEXICO","ticker":"PNMXO","filing_date":"2026-07-21","form":"8-K","submitted_at":null,"items":[{"id":18170,"accession_number":"0001108426-26-000044","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"PNM, a wholly-owned subsidiary of TXNM Energy, entered into a $195.0 million term loan agreement on July 21, 2026, with a maturity date of January 21, 2028. This is a creation of a new direct financial obligation—a material debt issuance—disclosed under Item 1.01. The filing specifies the loan amount, maturity date, interest obligations, and customary covenants including a debt-to-capitalization ratio requirement, all hallmarks of a material debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T20:22:00.748063+00:00","company_name":"","ticker":null,"filing_date":""},{"id":18171,"accession_number":"0001108426-26-000044","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 is explicitly triggered by the creation of a direct financial obligation, and the disclosure references Item 1.01 (which typically covers material agreements, acquisitions, or financing arrangements). The Item 2.03 heading itself signals a debt or financing event. While the specific details are incorporated by reference and not shown here, the invocation of Item 2.03 is a strong indicator of debt issuance or a material financial obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T20:22:00.748063+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":18170,"accession_number":"0001108426-26-000044","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"PNM, a wholly-owned subsidiary of TXNM Energy, entered into a $195.0 million term loan agreement on July 21, 2026, with a maturity date of January 21, 2028. This is a creation of a new direct financial obligation—a material debt issuance—disclosed under Item 1.01. The filing specifies the loan amount, maturity date, interest obligations, and customary covenants including a debt-to-capitalization ratio requirement, all hallmarks of a material debt issuance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T20:22:00.748063+00:00","company_name":"PUBLIC SERVICE CO OF NEW MEXICO","ticker":"PNMXO","filing_date":"2026-07-21"},{"id":18171,"accession_number":"0001108426-26-000044","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 is explicitly triggered by the creation of a direct financial obligation, and the disclosure references Item 1.01 (which typically covers material agreements, acquisitions, or financing arrangements). The Item 2.03 heading itself signals a debt or financing event. While the specific details are incorporated by reference and not shown here, the invocation of Item 2.03 is a strong indicator of debt issuance or a material financial obligation.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-21T20:22:00.748063+00:00","company_name":"PUBLIC SERVICE CO OF NEW MEXICO","ticker":"PNMXO","filing_date":"2026-07-21"}]}