New Issue- Consumers Energy Co sells $375 mln in notes

Tue May 1, 2012 1:29pm EDT

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May 1 (Reuters) - Consumers Energy Co on Tuesday sold $375
million of first mortgage bonds, said IFR, a Thomson Reuters
service. 	
    Citigroup, Sun Trust and Wells Fargo were the joint
bookrunning managers for the sale.	
	
BORROWER: CONSUMERS ENERGY CO	
	
AMT $375 MLN    COUPON 2.850 PCT   MATURITY    05/15/2022   	
TYPE NTS        ISS PRICE 99.991   FIRST PAY   11/15/2012 	
MOODY'S A3      YIELD 2.851 PCT    SETTLEMENT  05/08/2012   	
S&P BBB-PLUS    SPREAD 90 BPS      PAY FREQ    SEMI-ANNUAL	
FITCH A-MINUS   MORE THAN TREAS    MAKE-WHOLE CALL 15 BPS
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