-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PLpQ5MLhhfeZDY2F5+XjqMWrenBZUFf0wygFITZWpsafw9YZNqCX/ymEq9iFBFBA im/u7W1AAMo2uuU6kmSh5w== 0000950124-08-001129.txt : 20080310 0000950124-08-001129.hdr.sgml : 20080310 20080310163020 ACCESSION NUMBER: 0000950124-08-001129 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080310 DATE AS OF CHANGE: 20080310 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CONSUMERS ENERGY CO CENTRAL INDEX KEY: 0000201533 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 380442310 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-120611 FILM NUMBER: 08678100 BUSINESS ADDRESS: STREET 1: ONE ENERGY PLAZA CITY: JACKSON STATE: MI ZIP: 49201 BUSINESS PHONE: 5177881031 MAIL ADDRESS: STREET 1: ONE ENERGY PLAZA CITY: JACKSON STATE: MI ZIP: 49201 FORMER COMPANY: FORMER CONFORMED NAME: CONSUMERS POWER CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CONSUMERS ENERGY CO CENTRAL INDEX KEY: 0000201533 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 380442310 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE ENERGY PLAZA CITY: JACKSON STATE: MI ZIP: 49201 BUSINESS PHONE: 5177881031 MAIL ADDRESS: STREET 1: ONE ENERGY PLAZA CITY: JACKSON STATE: MI ZIP: 49201 FORMER COMPANY: FORMER CONFORMED NAME: CONSUMERS POWER CO DATE OF NAME CHANGE: 19920703 FWP 1 k24642fwfwp.htm FREE WRITING PROSPECTUS fwp
 

Filed under Rule 433
File No. 333-120611
Final Term Sheet
March 10, 2008
     
Issuer:
   Consumers Energy Company
Size:
   $250,000,000 5.65% First Mortgage Bonds due 2018
Maturity:
   September 15, 2018
Interest rate:
   5.65%
Yield to maturity:
   5.699%
Spread:
   225 basis points
Benchmark Treasury Security:
   3.50% due February 15, 2018
Benchmark Treasury Yield:
   3.449%
Optional redemption:
   Make-whole call at treasury rate plus 45 basis points
Interest payment dates:
   March 15 and September 15
First interest payment date:
   September 15, 2008
Public offering price:
   99.617% per bond
Trade date:
   March 10, 2008
Settlement date:
   March 14, 2008 (T+4)
Ratings:
   Baa1 / BBB / BBB+ (Moody’s / S&P / Fitch)
 
   Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
Joint Book-Running Managers:
   Barclays Capital Inc.;
 
   BNP Paribas Securities Corp.;
 
   Scotia Capital (USA) Inc.
Co-managers:
   Greenwich Capital Markets, Inc.;
 
   Wedbush Morgan Securities Inc.;
 
   Comerica Securities, Inc.;
 
   Wells Fargo Securities, LLC;
 
   The Williams Capital Group, L.P.
CUSIP:
   210518CQ7
Consumers Energy Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Consumers Energy Company has filed with the SEC for more complete information about Consumers Energy Company and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Consumers Energy Company, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free either Barclays Capital Inc. at 1-888-227-2275, Ext. 2663, BNP Paribas Securities Corp. at 1-800-854-5674 or Scotia Capital (USA) Inc. at 1-800-372-3930.

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