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CMS Energy, subsidiary extend revolving credit facilities

CMS Energy Corp. and Consumers Energy Co. have negotiated one-year extensions to their respective credit facilities to May 27, 2022, according to a Form 8-K filed June 1.

CMS Energy's $550 million secured revolving credit facility will now terminate May 27, 2022. Obligations under the agreement will continue to be secured by Consumers Energy common stock. Barclays Bank plc served as administrative agent for the banks.

Consumers Energy's $650 million revolving credit facility will terminate May 27, 2022. Obligations under the agreement will continue to be secured by Consumers Energy first mortgage bonds. JPMorgan Chase Bank NA acted as agent for itself and other banks.