DTE Energy Announces Private Offering of DT Midstream’s Senior Notes
May 19, 2021 15:13 ET | Source: DTE Energy DTE Energy Detroit, Michigan, UNITED STATES
DETROIT, May 19, 2021 (GLOBE NEWSWIRE) DTE Energy Company (“DTE Energy”) (NYSE: DTE) today announced that DT Midstream, Inc. (“DT Midstream”), the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business, intends to offer senior notes (the “Notes”), subject to market conditions and other factors. The Notes will be issued by DT Midstream and guaranteed by certain of DT Midstream’s subsidiaries.
DTE Energy Announces Private Offering of DT Midstream s Senior Notes
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DTE Energy Announces Launch of DT Midstream’s New Senior Secured Credit Facilities
May 17, 2021 09:31 ET | Source: DTE Energy DTE Energy Detroit, Michigan, UNITED STATES
Detroit, May 17, 2021 (GLOBE NEWSWIRE)
DETROIT May 17, 2021 DTE Energy (“DTE Energy”) (NYSE: DTE) today announced that DT Midstream, Inc. (“DT Midstream”), the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business, has launched the syndication of a new senior secured credit facility that will provide for up to $1 billion of term loans pursuant to a 7-year term loan facility and up to $750 million of commitments under a 5-year revolving credit facility.
Update: DTE Energy issues dividend
Detroit, May 06, 2021 (GLOBE NEWSWIRE)
DETROIT, May 6, 2021 (NYSE: DTE) The DTE Energy Board of Directors declared a $1.085 per share dividend on its common stock payable July 15, 2021 to shareholders of record at the close of business June 21, 2021. This continues DTE Energy’s consistent dividend history, having issued a cash dividend for more than 100 years.
“Our shareholders place a high value on our dividend and the role DTE plays in delivering consistent above-average returns,” said Jerry Norcia, DTE Energy president and CEO. “DTE’s continued dividend performance supports all of our stakeholders.”
About DTE Energy
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.2 million customers in Southeast Michigan and a natural gas company serving 1.3
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
DTE Energy announces Board of Directors for DT Midstream
DTE EnergyMay 7, 2021 GMT
Board comprised of highly qualified, diverse directors with experience and expertise to oversee the new independent midstream company
Director appointments will be effective upon completion of DT Midstream spin-off, which is expected in July 2021
DT Midstream files Form 10 registration statement with Securities and Exchange Commission
DETROIT, May 07, 2021 (GLOBE NEWSWIRE) DTE Energy (NYSE: DTE) today announced the composition of the Board of Directors for DT Midstream, the new independent, publicly traded company that is expected to be formed through the planned spin-off of DTE Energy’s non-utility natural gas pipeline, storage and gathering business. DTE Energy expects that the spin-off will be completed in July 2021.
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