NEW YORK (Standard&Poor's) April 2, 2002--Standard&Poor's today said it assigned its triple-'B' rating to DTE Energy's $200 million offering of senior unsecured notes. The proceeds will be used primarily to purchase outstanding notes of MCN Energy Enterprises Inc. The outlook is stable. Detroit, Mich.-based DTE Energy is a diversified energy holding company and has about $8.5 billion in debt. "The ratings for DTE Energy are a function of its regulated utility subsidiaries Detroit Edison Co. and Michigan Consolidated Gas Co. (MichCon), and a growing portfolio of higher-risk, nonregulated activities," said Standard&Poor's credit analyst William Ferara. The stable outlook for DTE Energy reflects the company's solid regulated utility operations, Detroit Edison and MichCon, and management's
