CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079
By: Tim McPartland,
Date Issued 2/6/2019
Shares Issued 25,200,000 Overallotment Shares None
S&P Rating BBB- Moodys Rating Baa2
Security Ticker Symbol CMSD
Market Traded ON NYSE
Interest Payment Paid on the 1st of March, June, September and December beginning on 06/1/2019
Quarterly Interest .367 Annual Interest 1.468
Securities may be redeemed, at the issuers option, as early as 3/1/2024 for a redemption price of $25/share plus accrued interest
Interest Payment Will NOT be Qualified Distributions (it is interest-not a dividend)
NOTE–this issue allows issuer to defer interest payments for up to 40 consecutive quarters without it being a default event.
Maturity Date 3/1/2079
Company Investor Relations Page for CMS Energy
Click Here to find the offering prospectus and/or final pricing documents
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