CMS Energy Corp 5.875% Junior Subordinated Notes due 2078

This issue contains the following provision which is not unusual for utility baby bonds.
So long as no event of default has occurred and is continuing, we may defer interest payments on one or more occasions for up to 40 consecutive quarterly periods, as described in this prospectus supplement. Any deferred interest payments will bear additional interest at the rate of 5.875% per year, to the extent legally permitted.




CMSC
CMS
NA
09/20/2018
10/15/2023
10/15/2078
10,000,000
1,500,000
5.875%
$25.00
No
No
0.37
MAR, JUN, SEP, DEC
30
JAN, APR, JUL, OCT
15
BBB-
B
Baa2