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) ~~January~~April 1022, 2013 (~~January~~April 922, 2013)

	Exact Name of Registrant as Specified
Commission	Name of Registrants, State of Incorporation,	I.R.S. Employer
Commission	in Charter, 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)
	414 Silver Ave. SW
	Albuquerque, New Mexico 87102-3289
	(505) 241-2700
001-06986	Public Service Company of New Mexico	85-0019030
	(A New Mexico Corporation)
	414 Silver Ave. SW
	Albuquerque, New Mexico 87102-3289
	(505) 241-2700
	Former Address
	(Former name or former address, if changed since last report)
	Public Service Company of New Mexico
	Alvarado Square
	Albuquerque, New Mexico 87158

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 81.01 Entry ~~Other~~into ~~Events.~~a Material Definitive Agreement

AsOn ~~has~~April ~~been~~22, ~~previously reported~~2013, Public Service Company of New Mexico (“PNM”), a wholly -owned subsidiary of PNM Resources, Inc., ~~leases~~entered ~~interests~~into ina ~~Units~~$75 1million ~~and~~Term 2Loan ofAgreement (the ~~Palo~~“Term ~~Verde~~Loan ~~Nuclear Generating Station (“PVNGS~~Agreement”) ~~under~~among ~~arrangements~~PNM, ~~entered~~the ~~into~~lenders inidentified ~~1985~~therein, and ~~1986~~Union ~~that~~Bank, ~~are~~N.A., ~~accounted for~~ as ~~operating~~Administrative ~~leases~~Agent. ~~There~~Funding ~~are~~of ~~currently~~the ~~eight~~Term ~~separate~~Loan ~~lease~~Agreement ~~agreements~~occurred ~~with~~on ~~eight~~April ~~different~~22, ~~trusts~~2013, ~~whose~~at ~~beneficial~~which ~~owners~~time ~~are~~the ~~four~~funds ~~different~~were ~~institutional~~used ~~investors. Four~~to ofrepay ~~those~~$75 ~~leases,~~million ~~which relate to interests~~ in ~~PVNGS~~borrowings ~~Unit~~made 1under ~~(the~~PNM's ~~“Unit~~$400 1million ~~Leases”),~~unsecured ~~expire~~revolving oncredit ~~January 15~~facility, ~~2015,~~dated ~~and~~as ~~four~~ of ~~those~~October ~~leases~~31, ~~which~~2011 ~~relate~~(the to“PNM ~~interests~~Revolver”). inThe ~~PVNGS~~repayment ~~Unit~~of 2borrowings (under the ~~“Unit~~PNM 2Revolver ~~Leases”),~~will ~~expire~~not onresult ~~January~~in ~~15,~~prepayment ~~2016~~penalties.

~~Under the terms of each of the leases,~~ PNM ~~has~~must anpay ~~option~~interest toon ~~purchase~~its ~~the~~borrowing ~~leased~~under ~~assets at fair market value at~~ the ~~end~~Term ofLoan ~~the~~Agreement ~~leases,~~from ~~but~~time ~~does not have a fixed price purchase option. In addition, PNM has options~~ to ~~renew~~time ~~the~~following ~~leases~~funding atand ~~fixed~~must ~~rates~~repay ~~set~~all ~~forth~~amounts ~~in each of the leases for two years beyond the termination of the original lease terms. The option periods~~ on ~~certain~~or ~~leases~~before ~~may be further extended for up to an additional six years (~~the ~~“Maximum~~maturity ~~Option~~date ~~Period”) if the appraised remaining useful lives and fair value~~ of ~~the~~October ~~leased assets are greater than parameters set forth in the leases. If PNM elects to extend the leases~~21, ~~it will have the option to purchase the leased assets at fair market value at the end of the extended lease terms~~2014.

~~Each~~The ~~lease~~Term ~~provides~~Loan ~~that~~Agreement noincludes ~~later~~customary ~~than~~covenants, ~~three~~including ~~years~~requirements ~~prior~~ to ~~the~~not ~~expiration~~exceed ofa ~~the~~maximum ~~lease,~~consolidated ~~PNM~~debt-to-consolidated ~~must~~capitalization ~~give~~ratio. ~~notice~~The toTerm ~~the~~Loan ~~lessor~~Agreement ifalso itincludes ~~wishes~~customary toevents ~~“retain”~~of ~~the~~default. ~~leased~~The ~~assets~~Term ~~(but~~Loan ~~without~~Agreement ~~specifying~~has ~~whether~~a itcross ~~would~~default ~~purchase~~provision ~~the~~and ~~leased~~a ~~assets~~change orof ~~extend~~control ~~the~~provision. ~~lease)~~If oran ~~“return”~~event ~~the~~of ~~leased~~default ~~assets~~occurs, to the ~~lessor. Furthermore,~~administrative ~~each~~agent ~~lease provides that~~may, ifor ~~PNM~~upon ~~gives notice to “retain”~~ the ~~leased~~request ~~assets,~~and ~~PNM~~direction ~~must~~of ~~give~~the ~~notice~~lenders asholding toa ~~which~~specified percentage of the ~~purchase~~loans orshall, ~~renewal~~declare ~~options~~the itobligations ~~will~~outstanding ~~exercise~~under nothe ~~later~~Term ~~than~~Loan ~~two~~Agreement ~~years prior~~ to ~~the~~be ~~expiration~~due ofand ~~the lease~~payable. ~~The~~ ~~elections~~Such ~~PNM~~acceleration ~~makes~~will ~~under~~occur ~~each~~automatically ofin the ~~leases~~event ~~are independent~~ of ~~the~~an ~~elections~~insolvency ~~made~~or ~~under~~bankruptcy ~~the other leases~~default.

On The ~~January~~description ~~6, 2012, in accordance with the notice provisions, PNM notified each~~ of the ~~lessors~~Term ofLoan ~~the~~Agreement ~~Unit~~is 1not ~~Leases~~complete ~~that~~and itis ~~would~~qualified ~~“retain”~~in ~~the~~its ~~assets~~entirety ~~leased~~by ~~under~~reference ~~that~~to ~~lease upon expiration of~~ the ~~basic~~entire ~~lease~~Term ~~term~~Loan ~~on January 15~~Agreement, ~~2015~~a ~~and~~copy ~~provide notice by January 15, 2013,~~ of which ~~of the options it would exercise, that~~ is, ~~whether~~attached onhereto ~~January~~as ~~15,~~Exhibit ~~2015 it will extend the lease or purchase the leased assets~~10. ~~On January 9, 2013, in accordance with the notice provisions, PNM notified each of the lessors of the Unit~~ 1 ~~Leases~~and ~~that~~incorporated itherein ~~will~~by ~~extend each Unit 1 Lease for the Maximum Option Period~~reference.

OnUnion ~~January 9~~Bank, ~~2013,~~N.A. inperforms ~~accordance~~normal ~~with~~banking ~~the~~(including ~~notice~~as ~~provisions,~~a ~~PNM~~lender ~~notified~~under ~~each of~~ the ~~lessors of the Unit 2 Leases that~~ PNM ~~will~~Revolver) ~~“retain”~~and ~~the~~investment ~~assets~~banking ~~leased~~and ~~under~~advisory ~~that~~services ~~lease~~from ~~upon~~time ~~the~~to ~~expiration~~time offor ~~the basic lease term on January 15, 2016.~~ PNM ~~will~~and beits ~~required to specify by notice to each of the lessors by January 15~~affiliates, ~~2014,~~for which ~~of the alternatives~~ it ~~will~~receives ~~select,~~customary ~~that~~fees ~~is,~~and ~~whether on January 15, 2016 it will extend each Unit 2 Lease or purchase the leased assets~~expenses. ~~One of the Unit 2 Leases is subject to the Maximum Option Period lease extension provision, while the other three Unit 2 Leases do not contain that provision.~~

~~The~~Item ~~following~~2.03 ~~table~~Creation ~~provides~~of a ~~summary~~Direct ofFinancial ~~certain~~Obligation ~~aspects~~or ofan ~~the~~Obligation ~~Unit~~under 1an ~~Leases~~Off-Balance ~~and~~Sheet ~~Unit~~Arrangement 2of ~~Leases~~a ~~described above~~Registrant.

	Unit 1 Leases	Unit 2 Leases
Lease Expiration	January 15, 2015	January 15, 2016
Optional Renewal Lease Periods	Maximum Option Period extends up to 2023 (four leases)	2018 (three leases)Maximum Option Period extends up to 2024 (one lease)
Notice Dates First notice (indicates whether or not control of thegeneration will be retained) Second notice (indicates decision to extend lease or use fair market value purchase option)	Provided on January 6, 2012 Provided on January 9, 2013	Provided on January 9, 2013By January 15, 2014

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

2Item 9.01 Financial Statements and Exhibits.

Gross Annual Lease Payment Amounts Total PVNGS Units 1 and 2 Approximately $56.7 million initial lease payments per year Approximately $28.4 million renewal lease payments per year (50% of original payment amounts)
MW Leased v. OwnedOwned (includes one Unit 2 Lease previously acquired by PNM) LeasedTotal	2.3% 30 MW 7.9% 104 MW10.2% 134 MW	4.6% 60 MW5.6% 74 MW10.2% 134 MW



	(d)	Exhibits



Exhibit Number		Description
10.1		Term Loan Agreement dated as of April 22, 2013, among Public Service Company of New Mexico, as the Borrower, the lenders identified therein, and Union Bank, N.A., as Administrative 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)
Date: January 10, 2013	/s/ Thomas G. Sategna
Date: April 22, 2013	/s/ Thomas G. Sategna
	Thomas G. Sategna
	Vice President and Corporate Controller
	(Officer duly authorized to sign this report)

Filing Compare · PUBLIC SERVICE CO OF NEW MEXICO