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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported) May 13, 2020

 

Commission
File Number
Registrant; State of Incorporation;
Address; and Telephone Number
IRS Employer
Identification No.
     
1-5611

CONSUMERS ENERGY COMPANY

(A Michigan Corporation)

One Energy Plaza

Jackson, Michigan 49201

(517) 788-0550

38-0442310

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbol(s)   Name of each exchange
on which registered
Consumers Energy Company Cumulative Preferred   CMS-PB   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company:          ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.         ¨

 

 

 

 

 

Item 8.01. Other Events.

 

On May 13, 2020, Consumers Energy Company ("Consumers") issued and sold $525,000,000 aggregate principal amount of its 2.50% First Mortgage Bonds due 2060 (the “2060 Bonds”), pursuant to a registration statement on Form S-3 that Consumers filed with the Securities and Exchange Commission utilizing a “shelf” registration process (No. 333-236742-01) (the "Registration Statement"), a Preliminary Prospectus Supplement dated April 29, 2020 to the Prospectus dated February 28, 2020, an Issuer Free Writing Prospectus dated April 29, 2020 that included the final terms of the transaction, a Final Prospectus Supplement dated April 29, 2020 to the Prospectus dated February 28, 2020 and an underwriting agreement among Consumers and the underwriters named in that agreement with respect to the 2060 Bonds. Consumers intends to use the net proceeds from the offering to redeem its 5.30% First Mortgage Bonds due September 1, 2022, of which $250,000,000 aggregate principal amount is outstanding, and for general corporate purposes.

 

This Current Report on Form 8-K is being filed to file certain documents in connection with the offering as exhibits to the Registration Statement.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

1.1Underwriting Agreement dated April 29, 2020 among Consumers and BNP Paribas Securities Corp., BofA Securities, Inc., KeyBanc Capital Markets Inc., Mizuho Securities USA LLC, PNC Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC, as underwriters.
  
4.1140th Supplemental Indenture dated as of May 13, 2020 between Consumers and The Bank of New York Mellon, as Trustee.
  
4.2Form of 2.50% First Mortgage Bonds due 2060 (included in Exhibit 4.1).
  
5.1Opinion of Melissa M. Gleespen, Esq., Vice President, Corporate Secretary and Chief Compliance Officer of Consumers, dated May 13, 2020, regarding the legality of the 2060 Bonds.
  
23.1Consent of Melissa M. Gleespen, Esq. (included in Exhibit 5.1).
  
99.1Information relating to Item 14 of the Registration Statement on Form S-3 (No. 333-236742-01).
  
104.1Included in the cover page, formatted in Inline XBRL

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

          CONSUMERS ENERGY COMPANY
   
Dated: May 13, 2020 By:   /s/ Rejji P. Hayes
          Rejji P. Hayes
          Executive Vice President and
          Chief Financial Officer