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Published on 2/24/2014 in the Prospect News High Yield Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

CMS Energy to redeem its 6 7/8% and 4¼% notes via new offering

By Tali Rackner

Norfolk, Va., Feb. 24 - CMS Energy Corp. plans to redeem its $125 million of 6 7/8% senior notes due 2015 and $250 million of 4¼% senior notes due 2015 with the proceeds from two new senior note offerings, according to a 424B3 filing with the Securities and Exchange Commission.

Proceeds will also be used for general corporate purposes.

CMS Energy is a Jackson, Mich.-based energy company.


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