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CMS ENERGY COMPLETES FINANCING

 DEARBORN, Mich., Nov. 30 ~PRNewswire~ -- CMS Energy Corporation (NYSE: CMS) today announced it has completed the second and final phase of its parent company debt financing program.
 The second phase involved establishment of a 2-1~2-year, $220 million revolving line of credit with a bank group headed by Citibank, NA, and Union Bank of California.
 On Oct. 8, 1992, CMS Energy announced it had completed the first phase of its parent company financing program, which involved the public sale of $350 million of notes in two series, with Series A maturing in 1997 and Series B in 1999.
 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 and 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 combination electric and gas utility.
 -0- 11~30~92
 ~CONTACT: Michael J. Brogan of CMS Energy Corporation, 313-436-9253~
 (CMS)


CO: CMS Energy Corporation ST: Michigan IN: UTI SU: FNC

DH -- DE012 -- 1967 11~30~92 14:02 EST
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Publication:PR Newswire
Date:Nov 30, 1992
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