CMSD Profile
CMS Energy Corporation (CMS) is a publicly-traded energy holding company that provides a range of utility services to customers in Michigan. The company was founded in 1987 and is headquartered in Jackson, Michigan.
CMS Energy Corporation issued 5.875% Junior Subordinated Notes due 2078, which trade under the symbol CMSD on the New York Stock Exchange. These notes are a type of fixed-income security that pays a fixed rate of interest and have a junior ranking compared to other types of debt.
As of my latest information, the current market capitalization for CMS Energy Corporation is approximately $20.2 billion. The company's utility subsidiary, Consumers Energy, provides natural gas and electricity to customers in Michigan and is the largest utility in the state.
CMS Energy Corporation has a strong commitment to sustainability and has set several goals related to reducing greenhouse gas emissions and increasing the use of renewable energy sources. The company has also received several awards for its environmental and sustainability efforts.
Investing in fixed-income securities like CMSD carries certain risks, including the potential for market fluctuations and credit risks. Additionally, the value of these securities may be influenced by changes in interest rates and other macroeconomic factors. Potential investors should carefully consider these risks before making any investment decisions.
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