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Article: Fitch Upgrades CMS Energy & Consumers Energy Secured Debt Ratings.
- Article from:
- Business Wire
- Article date:
- December 3, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO -- Fitch Ratings upgrades the following credit ratings for the debt obligations of CMS Energy Co. (CMS) and Consumers Energy Co. (Consumers).
CMS
-- Senior secured bank loan to 'BB' from 'BB-';
-- Preferred securities and trust preferred securities to 'B' from 'B-';
Consumers
-- Senior secured debt to 'BBB-' from 'BB+';
-- Preferred securities and trust preferred securities to 'BB-' from 'B'.
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...CMS, CONSUMERS POWER MAKE FINAL DOE ... Corporation (NYSE: CMS), and its largest subsidiary, Consumers Power Company, participated ... President David Adamany. CMS Energy Corporation's principal subsidiary is Consumers Power Company, Michigan ...
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