UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) ~~October~~June 315, ~~2011~~2012 (~~October~~May 31, ~~2011~~2012)




Commission	Name of Registrants, State of Incorporation,	I.R.S. Employer
File Number	Address and Telephone Number	Identification No.

001-32462	PNM Resources, Inc.	85-0468296
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700

001-06986	Public Service Company of New Mexico	85-0019030
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700






______________________________

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 17.01 Regulation ~~Entry~~FD ~~into a Material Definitive Agreement~~Disclosure.

The U. S. Environmental Protection Agency (“EPA”) issued a proposed decision on May 31, 2012, relating to the State of New ~~PNMR~~Mexico's ~~Revolving~~plan ~~Credit~~to ~~Facility~~ address regional haze, leaving in place a Federal requirement for best available retrofit technology for the San Juan Generating Station (“SJGS”). Public Service Company of New Mexico (“PNM”), a wholly owned subsidiary of PNM Resources, Inc. (the “Company”), is the operator and 46.3% owner of SJGS.

OnIn ~~October~~July ~~31,~~ 2011, ~~PNM~~the ~~Resources,~~State ~~Inc.~~submitted ~~(“PNMR”)~~its ~~entered~~determination ~~into~~to aaddress ~~new~~regional ~~$300~~haze ~~million~~at ~~unsecured~~SJGS ~~revolving~~through ~~credit~~technology ~~facility~~with ~~(the~~a ~~“New~~total ~~PNMR~~plant ~~Facility”)~~cost byestimated ~~and~~to ~~among~~be ~~PNMR~~$77 ~~and~~million. In ~~the~~August ~~lenders~~2011, ~~identified~~EPA ~~therein~~issued ~~led~~its byfinal ~~Wells~~action ~~Fargo~~requiring ~~Bank,~~technology ~~National~~with ~~Association~~a ~~(“Wells~~total ~~Fargo”),~~plant ascost ~~Administrative~~estimated ~~Agent,~~by ~~and~~the ~~Union~~Company ~~Bank,~~to ~~N.A.~~be ~~(“Union~~at ~~Bank”),~~least as$750 ~~Syndication Agent~~million. ~~The~~ ~~New PNMR Facility replaces PNMR~~EPA's ~~existing~~May ~~$517~~31, ~~million~~2012 ~~unsecured~~proposed ~~revolving~~decision ~~credit~~on ~~facility (~~the ~~“PNMR~~State ~~Facility”)~~plan, bywhich ~~and~~does ~~among~~not ~~PNMR~~include ~~and~~a ~~the~~stay ~~lenders~~of ~~identified~~the ~~therein~~Federal ~~led~~plan, byrecommends ~~Bank~~approval of ~~America,~~most ~~N.A.~~elements ~~(“Bank~~ of ~~America”)~~the ~~and~~State ~~Wells~~plan ~~Fargo~~with ~~(formerly~~the ~~Wachovia~~exception ~~Bank,~~of ~~National~~the ~~Association)~~Federal asrequirement ~~the~~to ~~Administrative~~install ~~Agent~~the ~~and~~more ~~Syndication~~expensive ~~Agent,~~technology ~~respectively~~at SJGS. On ~~October 31~~However, ~~2011, PNMR repaid all amounts outstanding under~~ the ~~PNMR~~proposed ~~Facility~~decision ~~and~~includes ~~terminated~~language ~~such~~that ~~agreement. The PNMR Facility~~ would ~~otherwise~~allow ~~have~~for ~~terminated~~reconsideration onof ~~August~~the ~~15,~~State's ~~2012. There~~proposal ~~were~~if nothe ~~early~~State ~~termination~~comes ~~fees~~back ~~paid in connection~~ with ~~the~~a ~~termination~~different alternative.

~~The~~In ~~New PNMR Facility allows PNMR to borrow~~April, ~~repay~~the ~~and~~Governor ~~reborrow,~~of ~~from~~New ~~time~~Mexico tosent ~~time,~~a upletter to ~~$300 million,~~the ~~with~~EPA ~~letter~~stating ofthat ~~credit~~she ~~commitments~~would oflike up to ~~$175~~create ~~million,~~an ~~and~~environment ~~will~~for beproductive ~~used~~discussions ~~for~~among ~~general~~the ~~corporate~~stakeholders ~~purposes~~in ~~(including,~~this ~~but~~matter. ~~not~~To ~~limited~~do tothis, ~~working~~the ~~capital~~Governor ~~and~~asked ~~capital~~the ~~expenditures). The~~EPA ~~New~~to ~~PNMR~~grant ~~Facility~~a ~~expires~~90-day ~~on October 31~~stay, ~~2016,~~which ~~and~~would ~~includes~~delay ~~two~~the ~~one-year~~September ~~extension~~2016 ~~options,~~compliance ~~subject~~deadline tofor ~~approval~~SJGS by athat ~~majority~~amount of ~~the lenders~~time.

~~Borrowings~~PNM ~~must~~continues beto ~~repaid~~pursue byits ~~October~~appeal ~~31,~~of ~~2016~~the ~~unless~~EPA ~~extended~~mandate asin ~~described above. PNMR must pay interest and fees from time to time based on~~ the ~~then-current long term unsecured senior non-credit enhanced debt ratings~~U. ~~Borrowings~~S. ~~are~~Court ~~conditioned on the ability~~ of ~~PNMR~~Appeals tofor ~~make~~the ~~certain~~Tenth ~~representations~~Circuit.

~~The~~Safe ~~New~~Harbor ~~PNMR~~Statement Facility includes customary covenants, including requirements to maintain a maximum consolidated debt-to-consolidated capitalization ratio. The New PNMR Facility includes customary events of default and has a cross default provision and a change of control provision. If an event of default occurs, the Administrative Agent may, or upon the request and direction of lenders holding a specified percentage of the commitments shall, terminate the obligations of the lenders to make loans under the ~~credit~~Private ~~facility,~~Securities ~~and~~Litigation ~~the~~Reform ~~obligations~~Act of ~~the~~1995 issuing banks to issue letters of credit, and/or declare the obligations outstanding under the facility to be due and payable. Such termination and acceleration will occur automatically in the event of an insolvency or bankruptcy default.

~~The~~Statements ~~description~~made ofin ~~the~~this ~~New~~Current ~~PNMR~~Report ~~Facility~~on isForm ~~not~~8-K ~~complete~~that ~~and~~relate isto ~~qualified~~the inCompany's ~~its~~expectations, ~~entirety~~projections byand ~~reference~~estimates are made pursuant to the ~~entire~~Private ~~New~~Securities ~~PNMR~~Litigation ~~Facility,~~Reform aAct ~~copy~~ of ~~which~~1995. isReaders ~~attached~~are ~~hereto~~cautioned asthat ~~Exhibit~~all ~~10.1~~forward-looking statements are based upon current expectations and ~~incorporated~~estimates ~~herein~~and bythe ~~reference~~Company assumes no obligation to update this information.

Bank of America, Wells Fargo and Union Bank perform normal banking and investment banking and advisory services from time to time for PNMR and its affiliates, for which they have received customary fees and expenses.

New PNM Revolving Credit Facility

In addition, on October 31, 2011, Public Service Company of New Mexico (“PNM”), a wholly-owned subsidiary of PNMR, entered into a new $400 million unsecured revolving credit facility (the “New PNM Facility”) by and among PNM and the lenders identified therein led by Wells Fargo, as Administrative Agent and Union Bank, as Syndication Agent. The New PNM Facility replaces PNM's existing $368 million unsecured revolving credit facility (the “PNM Facility”) by and among PNM and the lenders identified therein led by Wells Fargo (formerly Wachovia Bank, National Association) and Union Bank (formerly Union Bank of California, N.A.) as the Administrative Agent and Syndication Agent, respectively. On October 31, 2011, PNM repaid all amounts outstanding under the PNM Facility and terminated such agreement. The PNM Facility would otherwise have terminated on August 17, 2012. There were no early termination fees paid in connection with the termination.

The New PNM Facility allows PNM to borrow, repay and reborrow, from time to time, up to $400 million, with letter of credit commitments of up to $300 million, and will be used for general corporate purposes (including, but not limited to, working capital and capital expenditures). The New PNM Facility expires on October 31, 2016,

and includes two one-year extension options, subject to regulatory approval and approval by a majority of the lenders.

The New PNM Facility includes customary covenants, including requirements to maintain a maximum consolidated debt-to-consolidated capitalization ratio. The New PNM Facility includes customary events of default and has a cross default provision and a change of control provision. If an event of default occurs, the Administrative Agent may, or upon the request and direction of lenders holding a specified percentage of the commitments shall, terminate the obligations of the lenders to make loans under the credit facility, and the obligations of the issuing banks to issue letters of credit, and/or declare the obligations outstanding under the facility to be due and payable. Such termination and acceleration will occur automatically in the event of an insolvency or bankruptcy default.

The description of the New PNM Facility is not complete and is qualified in its entirety by reference to the entire New PNMR Facility, a copy of which is attached hereto as Exhibit 10.2 and incorporated herein by reference.

Wells Fargo and Union Bank perform normal banking and investment banking and advisory services from time to time for PNMR and its affiliates, for which they have received customary fees and expenses.

Item 1.02 Termination of a Material Definitive Agreement.

The information required by this item is included in Item 1.01 and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information required by this item is included in Item 1.01 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description
10.1	Credit Agreement, dated as of October 31, 2011, among PNM Resources, Inc., the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent and Union Bank, N.A., as Syndication Agent
10.2	Credit Agreement, dated as of October 31, 2011, among Public Service Company of New Mexico, the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent and Union Bank, N.A., as Syndication Agent

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

	PNM RESOURCES, INC.PUBLIC SERVICE COMPANY OF NEW MEXICO(Registrants)
	PNM RESOURCES, INC.
Date: October 31, 2011	/s/ Thomas G. Sategna
	PUBLIC SERVICE COMPANY OF NEW MEXICO
	Thomas G. SategnaVice President and Corporate Controller(Officer duly authorized to sign this report)
	(Registrants)
Date: June 5, 2012	/s/ Patrick V. Apodaca
	Patrick V. Apodaca
	Senior Vice President, General Counsel and Secretary
	(Officer duly authorized to sign this report)

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