secwatch.observer — SEC 8-K summary
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Issuer:     CMS ENERGY CORP (CMS)
CIK:        0000811156
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001104659-23-061950
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMS Energy announces early results and pricing of $150M debt tender offer; $1.7B tendered
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- Approximately $1.705 billion aggregate principal of Notes tendered in tender offer for up to $150M purchase price.
- Early tender payment of $30 per $1,000 principal included in Total Consideration for each series accepted.
- CMS Energy will accept $149.99M of 2.500% First Mortgage Bonds due 2060 and $88.18M of 2.650% due 2052 (partial acceptance).
- Tender offer funded with net proceeds from CMS Energy's convertible senior notes offering completed May 5, 2023.
- No additional Notes expected to be accepted after early settlement date of May 18, 2023, as tenders exceeded cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811156/000110465923061950/0001104659-23-061950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811156/000110465923061950/tm2316078d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-061950

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer