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CMS Energy (NYSE: CMS) Xtreme picks of the day!

Publication: M2 Presswire
Publication Date: 10-JUN-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-10 June 2009-xtremepicks.com: CMS Energy (NYSE: CMS) Xtreme picks of the day!(C)1994-2009 M2 COMMUNICATIONS

RDATE:10062009

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Today's news alerts include: CMS Energy Announces Pricing of $150 Million of Convertible Senior Notes and $300 Million of Senior Notes

JACKSON, Mich., June 10, 2009 -- CMS Energy (NYSE: CMS) announced today the pricing of $150 million principal amount of 5.50 percent Convertible Senior Notes due 2029 and $300 million principal amount of 8.75 percent Senior Notes due 2019. In addition, CMS Energy may issue up to an additional $22.5 million principal amount of convertible senior notes upon exercise of an option granted to the underwriters to cover over-allotments, if any.

The convertible senior notes will pay interest semi-annually at a rate of 5.50 percent per annum and will mature on June 15, 2029. The convertible...

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