CMS Taps Lower Rates January 15, 2010

--Holly Fletcher CMS Energy issued $300 million senior unsecured bonds Jan. 14 in anticipation of maturities over the next 18 months because the 6.25% coupon was attractive. Thomas Webb, cfo in Jackson, Mich., says CMS began thinking about issuing notes at the end of last year but chose to wait until January.
The company has $67 million of notes with a 7.75% ...

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