
DTE Gas Company, established in 1849 and headquartered in Detroit, Michigan, operates as a subsidiary of DTE Energy, dedicated to delivering natural gas distribution services to residential, commercial, and industrial customers. The company provides reliable and efficient natural gas services while focusing on safety and environmental sustainability.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
DTE 5.70% 2033-03-15 USDDTE Gas Company | United States | 2033-03-15 | 5.700 | 5.14 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
DTE Gas Company began issuing bonds in the early 1990s to support infrastructure expansions and operational improvements. A notable issuance was a $300 million bond in 2020, which was utilized for system upgrades and enhanced service capabilities. Current yields on DTE Gas bonds are competitive within the industry, reflecting investor confidence, while features such as callable options provide flexibility to the issuer. Recent news highlights DTE Gas's commitment to clean energy initiatives, which may impact future bond offerings as the company looks to finance environmentally friendly projects.