Highest-materiality recent filing
CMS Energy Q2 adjusted EPS $0.37 vs $0.71 YoY; exits non-utility renewables
Q2 adjusted EPS $0.37, down from $0.71 YoY; reported EPS $0.37 vs $0.66.
CMS Energy names Sri Maddipati as CFO, succeeds retiring Rejji Hayes
Rejji P. Hayes retired as EVP and CFO of CMS Energy and Consumers Energy effective June 3, 2026.
CMS Energy launches $3B at-the-market equity offering program
Filed prospectus supplement for at-the-market offering of up to $3B of common stock.
CMS Energy shareholders approve doubling authorized common stock and special meeting right
Shareholders approved increasing authorized common stock from 350M to 700M shares (272M for, 11.9M against).
CMS Energy updates ATM equity program; $492.3M shares remain available for sale
Filed updated prospectus supplement for at-the-market offering of up to $1B in common stock.
CMS Energy closes $1B convertible note offering at 3.125%, conversion premium 25%
Issued $1B aggregate principal of 3.125% Convertible Senior Notes due 2031 (including $150M from option exercise).
CMS Energy prices upsized $850M 3.125% convertible notes due 2031
Offering upsized from $750M to $850M; initial purchasers have option for additional $150M.
CMS Energy launches $750M convertible notes offering due 2031; proceeds to refinance maturing debt
$750M aggregate principal of convertible senior notes due 2031 in private placement; underwriter option for additional $112.5M.
CMS Energy upsizes tender cap to $147.1M, accepts $147.1M of 2.5% bonds due 2060
Aggregate Tender Cap increased from $125M to $147.095M for Consumers Energy 2.5% bonds due 2060.
CMS Energy launches $125M cash tender offer for 5 series of Consumers Energy bonds
Aggregate Tender Cap of $125M for bonds: 2.50% due 2060, 2.65% due 2052, 3.10% due 2050, 3.25% due 2046, 3.50% due 2051.
CMS Energy issues $1B of 6.50% junior subordinated notes due 2055
Issued $1,000,000,000 aggregate principal of 6.50% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2055.
CMS Energy launches $1B at-the-market equity offering program via forward sales
Up to $1B in common stock may be sold from time to time under an equity distribution agreement.
CMS Energy announces early results and pricing of $150M debt tender offer; $1.7B tendered
Approximately $1.705 billion aggregate principal of Notes tendered in tender offer for up to $150M purchase price.
CMS Energy issues $800M of 3.375% convertible notes due 2028; conversion premium 20%
Issued $800M aggregate principal of 3.375% Convertible Senior Notes due May 1, 2028, including $100M from full exercise of initial purchasers' option.
CMS Energy launches cash tender offer for up to $150M of outstanding debt securities
CMS Energy and Consumers Energy offer to purchase up to $150M aggregate principal of seven series of senior and mortgage bonds.
CMS Energy prices $700M 3.375% convertible senior notes due 2028, upsized from $650M
Principal amount $700M (initial purchasers option up to additional $100M); closing May 5, 2023.
CMS Energy proposes $650M convertible senior notes due 2028
Offering of $650M principal amount of convertible senior notes due 2028 in private placement.
CMS Energy issues 9.2M depositary shares of 4.200% Series C Preferred Stock, net proceeds ~$224.5M
Issued 9.2M depositary shares (1/1000th interest) of 4.200% Series C Preferred Stock, $25 liquidation preference per share.
Rejji P. Hayes has retired from his positions as CMS Energy and Consumers Energy Company (“Consumers Energy”) executive vice president and chief financial officer, effective June 3, 2026.
Srikanth (Sri) Maddipati, 43, has been appointed to succeed Hayes as CMS Energy and Consumers Energy executive vice president and chief financial officer, effective June 3, 2026.
Max materiality 0.75 · Median 0.55 · Most common event debt