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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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.