{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-054790","form_type":"8-K","ticker":"CMS","cik":"0000811156","company_name":"CMS ENERGY CORP","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.324252+00:00","generated_at":"2026-06-16T04:15:17.773918+00:00","sec_items":["8.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"CMS Energy prices $700M 3.375% convertible senior notes due 2028, upsized from $650M","bullets":["Principal amount $700M (initial purchasers option up to additional $100M); closing May 5, 2023.","Net proceeds ~$688.4M (or ~$786.9M if option exercised); to redeem/repay existing consolidated indebtedness and general corporate purposes.","Conversion rate initially 13.5194 shares per $1,000 principal (~$73.97 conversion price), representing ~20% premium over May 1 close.","Notes mature May 1, 2028; interest 3.375% paid semi-annually; CMS can redeem after May 6, 2026 if stock price ≥130% of conversion price for 20 of 30 trading days.","Offered as private placement under Rule 144A; not registered under Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-054790","json":"https://secwatch.observer/filing/0001104659-23-054790.json","markdown":"https://secwatch.observer/filing/0001104659-23-054790.md","text":"https://secwatch.observer/filing/0001104659-23-054790.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811156/000110465923054790/0001104659-23-054790-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811156/000110465923054790/tm2314320d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:15:17.773918+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}