Issuer:
|
DTE Energy Company | |
Security:
|
2011 Series C Floating Rate Notes due 2013 | |
Format:
|
SEC Registered | |
Size:
|
$300,000,000 | |
Maturity Date:
|
June 3, 2013 | |
Price to Public:
|
100% of principal amount | |
Spread:
|
+70 basis points | |
Interest:
|
Floating rate based on the three-month LIBOR rate (calculated as described in the Preliminary Prospectus Supplement) plus 0.70%, reset quarterly and payable quarterly on March 3, June 3, September 3 and December 3, commencing on September 3, 2011 | |
Interest Determination Dates:
|
Two London business days prior to the first day of the relevant interest period | |
Day Count Convention/Business Day Convention:
|
Actual/360, modified following business day, adjusted for period end dates | |
Redemption Provisions:
|
Not Redeemable | |
Trade Date:
|
May 19, 2011 | |
Settlement Date:
|
T+5; May 26, 2011 | |
CUSIP:
|
233331 AP2 | |
Denominations:
|
$1,000 and integral multiples thereof | |
Ratings*:
|
Baa2/BBB/BBB (Moodys/S&P/Fitch) | |
Joint Book-Running Managers:
|
Barclays Capital Inc. | |
Deutsche Bank Securities Inc. | ||
Merrill Lynch, Pierce, Fenner & Smith Incorporated |