-----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,
 WZ0M4iic2GHs2zSmEy076lw3rlfJiiC6KcnKE8Xz4lRIS+AVtMQ9WhtI/2BVt3gL
 nrqEvf/PDuZLZMsxoyuXgA==

<SEC-DOCUMENT>0000950124-03-001482.txt : 20030501
<SEC-HEADER>0000950124-03-001482.hdr.sgml : 20030501
<ACCEPTANCE-DATETIME>20030501171207
ACCESSION NUMBER:		0000950124-03-001482
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030421
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20030501

FILER:

	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:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05611
		FILM NUMBER:		03677580

	BUSINESS ADDRESS:	
		STREET 1:		212 W MICHIGAN AVE
		CITY:			JACKSON
		STATE:			MI
		ZIP:			49201
		BUSINESS PHONE:		5177881030

	MAIL ADDRESS:	
		STREET 1:		212 W MICHIGAN AVE
		STREET 2:		M 946
		CITY:			JACKSON
		STATE:			MI
		ZIP:			49201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CONSUMERS POWER CO
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CMS ENERGY CORP
		CENTRAL INDEX KEY:			0000811156
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		IRS NUMBER:				382726431
		STATE OF INCORPORATION:			MI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09513
		FILM NUMBER:		03677581

	BUSINESS ADDRESS:	
		STREET 1:		FAIRLANE PLZ S STE 1100
		STREET 2:		330 TOWN CENTER DR
		CITY:			DEARBORN
		STATE:			MI
		ZIP:			48126
		BUSINESS PHONE:		3134369261

	MAIL ADDRESS:	
		STREET 1:		FAIRLANE PLAZA SOUTH, SUITE 1100
		STREET 2:		330 TOWN CENTER DRIVE
		CITY:			DEARBORN
		STATE:			MI
		ZIP:			48126
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k76687e8vk.txt
<DESCRIPTION>CURRENT REPORT DATED APRIL 21, 2003
<TEXT>
<PAGE>
                                    FORM 8-K

                                 CURRENT REPORT


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) APRIL 21, 2003


  COMMISSION       REGISTRANT; STATE OF INCORPORATION;          IRS EMPLOYER
  FILE NUMBER        ADDRESS; AND TELEPHONE NUMBER           IDENTIFICATION NO.

    1-9513              CMS ENERGY CORPORATION                   38-2726431
                       (A MICHIGAN CORPORATION)
                   FAIRLANE PLAZA SOUTH, SUITE 1100
                         330 TOWN CENTER DRIVE
                       DEARBORN, MICHIGAN 48126
                            (313) 436-9261



    1-5611             CONSUMERS ENERGY COMPANY                  38-0442310
                       (A MICHIGAN CORPORATION)
                           ONE ENERGY PLAZA
                        JACKSON, MICHIGAN 49201
                            (517) 788-0550







<PAGE>


ITEM 5.  OTHER EVENTS


CMS ENTERPRISES COMPANY REVOLVING CREDIT FACILITY

On April 21, 2003, CMS Enterprises Company ("CMS Enterprises") entered into a
revolving credit facility in the amount of $75 million. The maturity date of
this facility is April 30, 2004. The facility is being arranged by Citibank, NA
at a total annual cost to CMS Energy Corporation ("CMS Energy") of approximately
ten percent, which includes the initial commitment fee. Proceeds from this loan
will be used for general corporate purposes. Any proceeds of equity issuances by
CMS Energy and its subsidiaries or any asset sales and debt issuances by CMS
Energy or its subsidiaries, other than Consumers Energy Company ("Consumers"),
are required to be used to prepay this facility. It is expected that proceeds
from the Panhandle Eastern Pipe Line Company sale will be used to prepay this
facility. This facility is guaranteed by CMS Energy, whose guaranty is secured
by the common stock of Consumers and CMS Enterprises.


CONSUMERS FIRST MORTGAGE BONDS

On April 30, 2003, Consumers issued two series of First Mortgage Bonds. The $250
million Series A Bonds will mature on April 15, 2008 and will bear interest at
the rate of 4.25%. The $375 million Series B Bonds will mature on April 15, 2013
and will bear interest at the rate of 5.375%. Proceeds to Consumers after
underwriters' discounts are approximately $247.9 million and $370.7 million,
respectively. Net proceeds will be used to redeem on May 1, 2003 $250 million of
Senior Notes due 2008, to pay an associated $32 million option call payment, and
for general corporate purposes that may include paying down additional debt.

The news release issued in connection with the issuance of the First Mortgage
Bonds is filed herewith as Exhibit 99 and is incorporated herein by reference.



<PAGE>


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(C)   EXHIBITS

99.      CMS Energy's News Release dated May 1, 2003


This Form 8-K and the News Release contain "forward-looking statements", within
the meaning of the safe harbor provisions of the federal securities laws. The
"forward-looking statements" are subject to risks and uncertainties. They should
be read in conjunction with the "CMS ENERGY FORWARD-LOOKING STATEMENTS,
CAUTIONARY FACTORS AND UNCERTAINTIES" found in Item 1 of CMS Energy's Form 10-K
for the Fiscal Year Ended December 31, 2002 and the "CONSUMERS FORWARD-LOOKING
STATEMENTS, CAUTIONARY FACTORS AND UNCERTAINTIES" found in Item 1 of Consumers'
Form 10-K for the Fiscal Year Ended December 31, 2002 (both incorporated herein
by reference), that discuss important factors that could cause CMS Energy's and
Consumers' results to differ materially from those anticipated in such
statements.

<PAGE>



                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrants have duly caused this report to be signed on their behalf by the
undersigned hereunto duly authorized.



                                   CMS ENERGY CORPORATION

Dated:  May 1, 2003

                                   By:    /s/ S. Kinnie Smith, Jr.
                                       ---------------------------
                                       S. Kinnie Smith, Jr.
                                       Vice Chairman of the Board
                                       and General Counsel




                                   CONSUMERS ENERGY COMPANY

Dated:  May 1, 2003

                                   By:    /s/ S. Kinnie Smith, Jr.
                                       -----------------------------
                                       S. Kinnie Smith, Jr.
                                       Vice Chairman of the Board



<PAGE>
                                 Exhibit Index
                                 -------------



99        CMS Energy's News Release dated May 1, 2003

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>k76687exv99.txt
<DESCRIPTION>NEWS RELEASE DATED MAY 1, 2003
<TEXT>
<PAGE>
                                                                      EXHIBIT 99

[CMS ENERGY LOGO]
                                                                    NEWS RELEASE



           CMS ENERGY'S PRINCIPAL SUBSIDIARY, CONSUMERS ENERGY, ISSUES
                      $625 MILLION IN FIRST MORTGAGE BONDS

               DEARBORN, Mich., May 1, 2003 - CMS Energy (NYSE:CMS) announced
today that its principal subsidiary, Consumers Energy, has issued $625 million
of first mortgage bonds in a private offering to institutional investors in two
separate series. Net proceeds to Consumers Energy were approximately $619
million and were used today to redeem $250 million of senior notes due in 2008.
The remaining proceeds will be used for general corporate purposes that may
include paying down additional debt. Series A was $250 million of 4.25 percent
coupon bonds due in April 2008. Series B was $375 million of 5.375 percent
coupon bonds due in April 2013. Lead managers were Banc One Capital Markets,
Inc. and Barclays Capital. Co-managers included JPMorgan, Comerica Securities
and Wachovia Securities.
               "We are pleased with the strong response to this bond offering.
The high level of interest indicates that investors are beginning to recognize
the progress we are making with our back-to-basics strategy," said Thomas J.
Webb, CMS Energy's executive vice president and chief financial officer.
               CMS Energy Corporation is an integrated energy company, which has
as its primary business operations an electric and natural gas utility, natural
gas pipeline systems, and independent power generation.

                                      # # #

For more information on CMS Energy, please visit our web site at:
www.cmsenergy.com/
Media Contacts:  Jeff Holyfield, 517/788-2394 or Dan Bishop, 517/788-2395
Investment Analyst Contact:  CMS Energy Investor Relations, 517/788-2590


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
