Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion - S&P Global Ratings’ Credit Research

Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion

Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion - S&P Global Ratings’ Credit Research
Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion
Published May 18, 2001
Published May 18, 2001
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's CreditWire) May 18, 2001--Standard&Poor's today raised its long-term corporate credit rating on DTE Energy Co. to triple-'B'-plus from triple-'B'. Standard&Poor's also took various rating actions (see list below) on Detroit Edison Co., Michigan Consolidated Gas Co. (MichCon), MCN Energy Group Inc. (to be renamed DTE Enterprises), and MCN Energy Enterprises Inc. to reflect Standard&Poor's view that the default risk of each entity within the consolidated DTE Energy is the same, which places their long-term corporate credit ratings at triple-'B'-plus. The 'A-2' short-term ratings on DTE Energy, Detroit Edison, MCN Energy Enterprises, and MichCon were affirmed. The ratings on MCN Energy Group and its affiliates were removed from CreditWatch with

  
Report Type:

Ratings Action

Ticker
DTE
Issuer
DTE Energy Co.
GICS
Multi-Utilities (55103010)
Sector
Global Issuers , Public Finance
Country
United States
Region
United States
Format:
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Summary: DTE Energy Co. – 2001/06/21 – US$ 225.00

DTE Energy Co. – 2001/10/11 – US$ 500.00

Summary: DTE Energy Co. – 2001/10/11 – US$ 225.00

DTE Capital Corp. Rated BBB/A-2 By S&P – 1998/01/27 – US$ 150.00

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MLA:
S&P Global Ratings’ Credit Research. "Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion" May 18, 2001. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-on-DTE-Energy-MCN-Energy-Group-As-Merger-Nears-Completion-194682>
  
APA:
S&P Global Ratings’ Credit Research. (). Various Rating Actions on DTE Energy, MCN Energy Group As Merger Nears Completion May 18, 2001. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-on-DTE-Energy-MCN-Energy-Group-As-Merger-Nears-Completion-194682>
  
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