DTE Energy Co.'s Senior Unsecured Debt Issuance Rated 'BBB'

NEW YORK (S&P Global Ratings) March 8, 2017--S&P Global Ratings today assigned its 'BBB' rating to DTE Energy Co.'s proposed senior unsecured debt issuance. The company intends to use proceeds for general corporate purposes and to redeem outstanding commercial paper largely incurred to help fund the company's 50% ownership interest in the NEXUS pipeline. This pipeline will transport Marcellus and Utica shale gas to Ohio, Michigan, and Ontario markets. The issuer credit rating on DTE Energy is 'BBB+' with a stable outlook. The short-term rating is 'A-2'. For the corporate credit rating rationale, see the summary analysis on DTE Energy published on Dec. 6, 2016. RELATED CRITERIA Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate

...NEW YORK (S&P Global Ratings) March 8, 2017--S&P Global Ratings today assigned its '###' rating to DTE Energy Co.'s proposed senior unsecured debt issuance. The company intends to use proceeds for general corporate purposes and to redeem outstanding commercial paper largely incurred to help fund the company's 50% ownership interest in the NEXUS pipeline. This pipeline will transport Marcellus and Utica shale gas to Ohio, Michigan, and Ontario markets. The issuer credit rating on DTE Energy is '###+' with a stable outlook. The short-term rating is 'A-2'. For the corporate credit rating rationale, see the summary analysis on DTE Energy published on Dec. 6, 2016. RELATED CRITERIA + Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 + Criteria - Corporates - General: Corporate Methodology: Ratios And Adjustments, Nov. 19, 2013 + Criteria - Corporates - General: Corporate Methodology, Nov. 19, 2013 + Criteria - Corporates...

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