New Issue-DTE Energy sells $200 mln debentures

Tue Sep 25, 2012 4:22pm EDT

Sept 25 (Reuters) - DTE Energy Co on Tuesday sold
$200 million of 2012 junior subordinated debentures, said IFR, a
Thomson Reuters service.
    The size of the deal was increased from an originally
planned $150 million.
    Bank of America Merrill Lynch, Citigroup, UBS, and Wells
Fargo were the joint bookrunning managers for the sale.

BORROWER: DTE ENERGY CO 

AMT $200 MLN    COUPON 5.25 PCT    MATURITY    12/1/2062
TYPE JR DEBS    ISS PRICE 25       FIRST PAY   12/1/2012 
MOODY'S Baa3    YIELD N/A          SETTLEMENT  10/1/2012   
S&P BBB-MINUS   SPREAD N/A         PAY FREQ    QUARTERLY
FITCH BB-PLUS                      CALLABLE    12/1/2017
A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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