Dte Energy Company 2021 Sr E is a bond issued by DTE Energy Company, a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. The bond has a maturity date of December 1, 2051, and offers a fixed interest rate of 4.35%. The bond is rated Baa2 by Moody's and BBB by S&P.
The proceeds from the bond issuance will be used to finance or refinance capital expenditures, pay off short-term debt, and for general corporate purposes. As of September 30, 2021, DTE Energy had a total debt of approximately $19.8 billion.
Investing in corporate bonds like DTE Energy Company 2021 Sr E can provide investors with a steady stream of income in the form of interest payments. However, investors should be aware of the risks associated with investing in bonds, such as interest rate risk, credit risk, and liquidity risk. As with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
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