TXNM Energy Inc. has amended its existing $300 million revolving credit agreement with a group of lenders and Wells Fargo Bank, National Association, as administrative agent. The Fifteenth Amendment to the credit agreement includes provisions that ensure the closing of TXNM’s previously announced merger will not trigger a change of control event or default under the facility. Additionally, the amendment removes the SOFR adjustment to Term SOFR Loans and introduces other administrative updates. In connection with the amendment, TXNM exercised one of its extension options, pushing the facility’s maturity date to March 29, 2030. However, one lender opted not to extend its $34.6 million commitment, which will now expire on March 30, 2029, while the rest of the facility benefits from the extended term.