Consumers Energy Company FRN 07-OCT-2070Consumers Energy Company FRN 07-OCT-2070Consumers Energy Company FRN 07-OCT-2070

Consumers Energy Company FRN 07-OCT-2070

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Overview
Analysis

CMS5053018 analysis



Key facts


Issue date
Oct 7, 2020
Maturity date
Oct 7, 2070
Outstanding amount
‪126.50 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
4.55% (Variable)
Yield to maturity
4.62%
Consumers Energy is one of the nation's largest combination utilities, providing electric and natural gas service to nearly 6.8 million of Michigan's 10 million residents, in all 68 Lower Peninsula counties. Their Growing Forward strategy calls for investing more than $6 billion in Michigan over the next five years. That includes significant investments in energy efficiency, renewable energy, environmental and customer service enhancements, and new power generation.
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