CMS Energy Corporation (CMS) on Monday said it plans to offer $750 million of convertible senior notes due 2031 in a private placement.
The company also expects to grant the initial purchasers an option to buy up to an additional $112.5 million of the notes.
CMS Energy said it intends to use the proceeds to retire its 3.60% senior notes due 2025, with the remaining proceeds to be used for general corporate purposes.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.