Consumers Energy sells $1.125 billion of first mortgage bonds due 2031 and 2035
On May 2, 2025, Consumers Energy issued and sold $500 million of 4.50% first mortgage bonds due 2031 and $625 million of 5.05% first mortgage bonds due 2035, totaling $1.125 billion, under a shelf registration. The company intends to use the net proceeds for general corporate purposes. The filing mainly files offering documents as exhibits and does not report earnings or guidance.
Key points
- $500 million of 4.50% first mortgage bonds due 2031 and $625 million of 5.05% first mortgage bonds due 2035 were sold
- Net proceeds are intended for general corporate purposes
- Estimated offering expenses total $2,038,164, including $1,661,000 in rating agency fees
- Underwriting agreement is dated April 28, 2025, and the indenture with The Bank of New York Mellon, as Trustee, is dated May 2, 2025
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.