DTE Energy Company announces pricing of 2025 Series H 6.25% junior subordinated debentures
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DETROIT, Sept. 8, 2025 ~ DTE Energy Company (NYSE: DTE) has recently announced the pricing of its offering of $600 million in 2025 Series H 6.25% Junior Subordinated Debentures due October 1, 2085. The sale of these junior subordinated notes is expected to be settled on September 17, 2025, subject to customary closing conditions. The net proceeds from this offering will be used by DTE for the repayment of short-term borrowings and general corporate purposes.

The joint book-running managers for this offering are BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC. Comerica Securities, Inc. and Huntington Securities, Inc. will serve as co-managers.

This offering is being made under an effective shelf registration statement that has been filed with the U.S. Securities and Exchange Commission (SEC). However, this news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein. The sale of these securities is also subject to registration or qualification under the securities law of any state or jurisdiction where such an offer, solicitation or sale would be unlawful.

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Interested investors can obtain copies of the prospectus supplement and accompanying prospectus by contacting BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, or Wells Fargo Securities, LLC.

DTE Energy (NYSE: DTE) is a diversified energy company based in Detroit that operates nationwide in various energy-related businesses and services. Its electric company serves over 2.3 million customers in Southeast Michigan while its natural gas company serves 1.3 million customers across Michigan. In addition to these services, DTE also focuses on custom energy solutions, renewable energy generation, and energy marketing and trading.

Aside from its business operations, DTE is committed to making a positive impact through volunteerism, education and employment initiatives, philanthropy, emission reductions, and economic progress. With this latest offering, DTE is well-positioned to continue its mission of providing reliable energy services while also contributing to the betterment of the communities it serves.
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