8-KItem 8.01 · Other EventsItem 9.01 · Financial Statements
CMS Energy issues $1 billion of junior subordinated notes due 2057
Filed with the SEC on · Summarized by InvestorsBot
CMS Energy issued $1.0 billion of 6.800% fixed-to-fixed reset rate junior subordinated notes due 2057 on November 3, 2026. The company plans to use the net proceeds to repay its $275 million of 2.95% senior notes due February 2027 and $350 million of 3.45% senior notes due August 2027, with the remainder for general corporate purposes; estimated offering expenses are $1.8 million.