Public Service Company of New Mexico 3.85% 01-AUG-2025Public Service Company of New Mexico 3.85% 01-AUG-2025Public Service Company of New Mexico 3.85% 01-AUG-2025

Public Service Company of New Mexico 3.85% 01-AUG-2025

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Key terms


Outstanding amount
‪250.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.85% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.15%
Maturity date
Aug 1, 2025
Term to maturity
7 months

About Public Service Company of New Mexico 3.85% 01-AUG-2025


Sector
Utilities
Industry
Electric Utilities
Home page
Issue date
Aug 11, 2015
FIGI
BBG009RSPK25
As the state's largest electricity provider, PNM serves more than 500,000 New Mexico residential and business customers in Greater Albuquerque, Rio Rancho, Los Lunas and Belen, Santa Fe, Las Vegas, Alamogordo, Ruidoso, Silver City, Deming, Bayard, Lordsburg and Clayton. We also serve the New Mexico tribal communities of the Tesuque, Cochiti, Santo Domingo, San Felipe, Santa Ana, Sandia, Isleta and Laguna Pueblos. PNM was founded in 1917 as the Albuquerque Gas and Electric Co. and has undergone several transformations, including name changes, in its history. The company sold its natural gas utility to New Mexico Gas Company in 2009. PNM is one of two subsidiaries of PNM Resources, an investor-owned energy holding company also based in Albuquerque.
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