Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
08.08.18
Pillsbury has advised representatives of the underwriters on DTE Energy Company’s $600 million registered public offering of Senior Notes. The offering priced on August 2 and closed on August 6.
The joint book-running managers for the offering were Citigroup Global Markets Inc., J.P. Morgan Securities LLC, MUFG Securities Americas Inc. and Scotia Capital (USA) Inc. Proceeds will be used to repay short-term borrowings and for general corporate purposes.
DTE Energy 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 utility serving 2.2 million customers in Southeastern Michigan and a natural gas utility serving 1.3 million customers in Michigan. The DTE Energy portfolio also includes non-utility energy businesses focused on power and industrial projects, natural gas pipelines, gathering and storage, and energy marketing and trading.
The Pillsbury team advising the underwriters on this offering was led by partner Cathy Hood, and included Tax partner Harsha Reddy, associate Lexi Calcado and senior law clerk Patrick Mock.