Michigan utility DTE Energy (DTE) is coming to market with new junior subordinated debentures.
The company will call their junior subordinated debentures with a 5.25% coupon (DTQ). This issue has been callable since 2017 and is the only issue currently callable.
The company has numerous issues outstanding which can be seen here.
The preliminary prospectus for the new issue can be found here.
j was right on top of this new issue.