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CMS Energy amends pricing on $180 million term loan with JPMorgan
By Susanna Moon
Chicago, Feb. 14 - CMS Energy Corp. amended its $180 million unsecured term loan credit agreement on Feb. 8 with JPMorgan Chase Bank, NA as administrative agent, according to an 8-K filed Thursday with the Securities and Exchange Commission.
Pricing on the loans is now Libor plus 150 basis points to 275 bps.
The facility originally closed on Dec. 15, 2011 and had a five-year term expiring in 2016.
Union Bank, NA and Bank of America, NA also are lenders.
CMS is a Jackson, Mich.-based energy company.
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