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Article: Fitch Upgrades CMS Energy and Consumers Energy IDRs; Outlook Stable.
- Article from:
- Business Wire
- Article date:
- November 1, 2007
CopyrightCOPYRIGHT 2007 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 has upgraded the ratings for CMS Energy Corp. (CMS) and Consumers Energy Co. (Consumers) as follows:
CMS Energy Corp.
--Issuer Default Rating (IDR) to 'BB+' from 'BB-';
--Senior Secured Bank Loan to 'BBB-' from 'BB+';
--Senior Unsecured Debt to 'BB+' from 'BB-';
--Preferred Stock to 'BB' from 'B'.
CMS Energy Trust I