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DTE Energy Series E 5.25% Junior Subordinated Debentures due 2077

By: ,

Date Issued  11/13/2017

Shares Issued  16,000,000   Overallotment Shares  None

S&P Rating  BBB-   Moodys  Baa2

Security Ticker Symbol  DTW

Market Traded ON   NYSE

Interest Payment Paid on the 1st of March, June, September and December beginning on 03/1/2018

Quarterly Interest   .328   Annual Interest   1.313

Securities may be redeemed, at the issuers option, as early as 12/01/2022 for a redemption price of $25/share plus accrued interest

Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   12/1/2077

 

Company Investor Relations Page for DTE Energy

Click Here to find the offering Prospectus and or final pricing documents

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