CMS Energy Corporation Sells $1,000,000,000 of 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057

CMS Energy issued and sold $1.0 billion aggregate principal amount of 6.800% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057 on November 3, 2026. The transaction was completed under a Form S-3 registration statement; the available article text provides no additional terms or market reaction.