09:51 AM EST, 11/03/2025 (MT Newswires) -- CMS Energy ( CMS ) said Monday it plans to offer $750 million of convertible senior notes due 2031 in a private placement.

Initial purchasers will have a 13-day option to buy up to an additional $112.5 million of the notes, the company said.

CMS expects to use the net proceeds to repay $250 million of its 3.6% senior notes maturing Nov. 15, and for general corporate purposes, the company said.

CMS Energy ( CMS ) shares were 2.1% lower in recent trading.

Price: 71.90, Change: -1.67, Percent Change: -2.27