Here are the 8-K filings from CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078 (CMSC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow CMSC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CMSC filings page.
CMS Energy Corporation issued and sold $1,000,000,000 aggregate principal amount of 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057. The notes were issued under the company’s Form S-3 shelf registration.
CMS Energy intends to use the net proceeds to repay, at or prior to maturity, $275 million of 2.95% Senior Notes due February 2027 and $350 million of 3.45% Senior Notes due August 2027, and for general corporate purposes.
Estimated offering expenses total $1,800,000. Listed estimates include $1,550,350 for rating agency fees, $87,000 for the SEC registration fee, $75,000 for legal fees and expenses, $55,000 for services of independent registered public accounting firms, $12,650 for trustee fees and expenses, and $10,000 each for printing and delivery and miscellaneous expenses.
CMS Energy Corporation is starting an equity offering program that allows sales of up to $3,000,000,000 of its common stock from time to time. The program is established under an equity distribution agreement with multiple banks acting as agents, forward purchasers and forward sellers.
Shares may be sold in ordinary brokerage trades, block trades, privately negotiated deals or transactions deemed “at the market offerings” under Rule 415. CMS Energy may also use forward sale transactions, where it initially receives no proceeds from borrowed share sales and later chooses physical, cash or net share settlement, and can suspend or terminate the program at any time.
CMS Energy Corporation and its principal subsidiary, Consumers Energy Company, have expanded each of their boards from nine to eleven members and elected Diane Leopold and Richard P. Keyes as directors, effective February 20, 2026.
Leopold is the retired executive vice president and chief operating officer of Dominion Energy, bringing more than three decades of utility experience, and will serve on the Compensation and Human Resources Committee and the Finance Committee. Keyes is the president and chief executive officer of Meijer, Inc., with over 35 years of operational and leadership experience, and will serve on the Audit Committee and the Governance, Sustainability and Public Responsibility Committee.
Both new directors will enter into Director Indemnification Agreements and, in connection with joining the CMS Energy board, will each receive a pro‑rated restricted stock grant under the CMS Energy Performance Incentive Stock Plan and ongoing compensation as described in CMS Energy’s 2025 annual meeting proxy statement.
CMS Energy Corporation and its utility subsidiary Consumers Energy Company updated their bank financing arrangements. CMS Energy amended and restated its unsecured revolving credit facility, increasing capacity from $550 million to $750 million, with a five-year term expiring on November 21, 2030 and two one-year extension options. Borrowings can be used for general corporate purposes and working capital and may bear interest at a SOFR-based rate or an Alternate Base Rate.
Consumers amended and restated its $1.1 billion secured revolving credit facility, also maturing on November 21, 2030 with two one-year extension options. The facility remains secured by several series of first mortgage bonds under existing supplemental indentures and supports general corporate purposes and working capital. Consumers also entered a new $300 million secured revolving credit facility maturing on November 21, 2028, similarly secured by first mortgage bonds and with substantially similar terms to the Consumers facility.
Separately, Consumers and The Bank of Nova Scotia executed a Third Amendment to a $250 million secured revolving credit agreement, extending its termination date to November 28, 2025 while maintaining first mortgage bond security. Major relationship banks, including Barclays, JPMorgan, MUFG, Mizuho, Bank of America, Wells Fargo and The Bank of Nova Scotia, continue to provide banking and underwriting services in the ordinary course of business.
CMS Energy completed a private offering of $1,000,000,000 aggregate principal amount of 3.125% Convertible Senior Notes due 2031, including $150,000,000 from the full option exercise by initial purchasers. The notes pay interest semiannually and are senior unsecured obligations.
Holders can convert at an initial rate of 11.0360 shares per $1,000 (conversion price ~$90.61, a 25% premium). CMS will settle conversions with cash up to principal and, at its election, cash, shares, or both for any excess. Prior to February 1, 2031, conversion is permitted only upon certain conditions; afterward, conversion is permitted at any time until shortly before maturity.
Upon a fundamental change, holders may require repurchase at 100% of principal plus accrued interest. Redemption is prohibited before May 7, 2029; thereafter, CMS may redeem if the stock trades at least 130% of the conversion price for 20 of 30 consecutive trading days. The initial maximum shares issuable upon conversion are 13,795,000, subject to adjustments.
CMS Energy Corporation announced the pricing and upsize of a private placement of $850,000,000 aggregate principal amount of its 3.125% Convertible Senior Notes due 2031, including an initial purchasers’ option to buy up to an additional $150,000,000.
The update was disclosed under Item 8.01, with a related press release filed as Exhibit 99.1.
CMS Energy Corporation announced the launch of a private placement of $750,000,000 principal amount of its Convertible Senior Notes due 2031. The company disclosed the financing in a current report and attached a related press release as Exhibit 99.1. Convertible notes are debt that can be converted into equity under specified terms, typically at the holder’s option. While this filing announces the transaction, detailed terms such as interest rate, conversion features, and any potential conversion conditions would be described in accompanying or subsequent materials.
The announcement was made on November 3, 2025, and is presented under Item 8.01 (Other Events). The exhibit index lists the news release and the cover page interactive data file. This step signals CMS Energy’s intent to access capital through a convertible structure that matures in 2031, using a private placement format.
CMS Energy Corporation furnished an 8-K announcing its Q3 2025 results via a news release dated October 30, 2025. The company also scheduled a webcast on October 30 at 9:30 a.m. ET to discuss results and provide a business and financial outlook.
The filing includes Exhibits 99.1 (news release) and 99.2 (presentation). The materials feature certain non‑GAAP financial measures with reconciliations to GAAP, and the information is furnished under Regulation FD and not deemed “filed” under the Exchange Act.