DTE Electric Securitization Funding III LLC's series 2026-A issuance is an ABS transaction backed by securitization property, including the right to bill and collect securitization charges, among others. We assigned our preliminary ratings to the tranche A-1 and A-2 bonds. The preliminary ratings reflect our view of the transaction's structure, among other factors. NEW YORK (S&P Global Ratings) Oct. 28, 2026--S&P Global Ratings today assigned its preliminary ratings to DTE Electric Securitization Funding III LLC's sequential-pay fixed-rate securitization bonds series 2026-A (see list). The issuance is an ABS transaction backed by securitization property, including the right to bill and collect securitization charges, among others. The preliminary ratings are based on information as of Oct. 28, 2026. Subsequent information may
