DTE Energy Series E 5.25% Junior Subordinated Debentures due 2077
By: Tim McPartland,
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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