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CMS ENERGY ANNOUNCES MCV BOND SALE

 CMS ENERGY ANNOUNCES MCV BOND SALE
 DEARBORN, Mich., Dec. 3 /PRNewswire/ -- CMS Energy Corporation


(NYSE: CMS) announced that today it closed the $367 million sale of its MCV (Midland Cogeneration Venture) subordinated debt. The sale involved two issues of debt: $267.2 million of 11.75 percent bonds due 2005 sold at par; and, $100 million of 13.25 percent bonds due in 2006 sold at 108.5 percent of par.
 Today's sale completes CMS Energy's 1991 program to remarket $847.2 million of MCV bonds. In October and November, $181 million of tax-exempt bonds and $300 million of senior debt was sold. In total, the bond sales produced a premium of $28.9 million before financing costs. CMS Energy's principle subsidiary, Consumers Power Company, will continue to hold the remaining $343.2 million of MCV Senior Bonds which it intends to remarket in late 1992 or in 1993.
 The cash generated from the MCV bond sales will be utilized by Consumers Power Company to reduce utility debt by up to $1 billion by year-end 1992. The company expects to begin Consumers Power's debt retirement program by year-end.
 CMS Energy Corporation is a $3 billion (sales) diversified energy company with businesses engaged in the distribution of electricity and natural gas, interstate storage and transmission of natural gas, oil and gas exploration and production, independent power generation and utility services. CMS Energy Corporation's principal subsidiary is Consumers Power Company, Michigan's largest utility and the nation's fourth- largest gas and electric utility.
 -0- 12/3/91
 /CONTACT: Charles MacInnis of Consumers Power Company, 517-788-0333/
 (CMS) CO: CMS Energy Corporation; Midland Cogeneration Venture;
 Consumers Power Company ST: Michigan IN: UTI SU:


JG -- DE018 -- 8830 12/03/91 14:19 EST
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Date:Dec 3, 1991
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