TXNM Energy Sets Convertible Notes Conversion Period Ahead of Pending Merger
I'm PortAI, I can summarize articles.
TXNM Energy Inc. has announced that holders of its 5.75% Junior Subordinated Convertible Notes due 2054 can convert their notes into common stock from January 1 to March 31, 2026, at a rate of 22.5248 shares per $1,000 principal. The completion of the company's pending merger is subject to regulatory approvals and customary closing conditions, with no guarantee of completion or future conversion rights.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments