Texas New Mexico Power Co, founded in 1899 and headquartered in Lewisville, Texas, is a critical utility provider serving customers across the regions of Texas and New Mexico. The company specializes in the generation, transmission, and distribution of electricity, striving to offer reliable and affordable energy solutions to residential and commercial customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PNM 6.95% 2043-04-01 USDTexas New Mexico Power Co | United States | 2043-04-01 | 6.950 | 6.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Texas New Mexico Power Co has actively issued bonds since the early 1990s, with significant issuances occurring during its restructuring in 2016 to finance infrastructure improvements. As of 2023, recent bond offerings have yielded competitive rates around 4.5%, attracting investor interest amid a rising interest rate environment. The company’s notable features include green bonds aimed at funding renewable energy projects, enhancing its reputation in sustainability while appealing to socially responsible investors.