debt
confidence high
sentiment neutral
materiality 0.30
CMS Energy extends $550M and $850M credit facilities to June 2024
CONSUMERS ENERGY CO
- CMS Energy's $550M revolving credit facility termination date extended to June 5, 2024, effective June 30, 2021.
- Consumers Energy's $850M revolving credit facility termination date extended to June 5, 2024, effective June 30, 2021.
- Both extensions are for one year, with Barclays acting as agent for CMS and JPMorgan for Consumers.
- Consumers' facility remains secured by first mortgage bonds issued under multiple supplemental indentures.