Nov 15, 2021 -- DTE Energy also announced today the full redemption of all outstanding 2016 Series F 6.00% Junior Subordinated Debentures. The 2016 Series F 6.00% Junior Subordinated Debentures will be redeemed on Dec. 15, 2021. The redemption price is 100 percent of the unpaid principal amount of the 2016 Series F 6.00% Junior Subordinated Debentures, together with accrued and unpaid interest up to, but excluding, Dec. 15, 2021. The 2016 Series F 6.00% Junior Subordinated Debentures will be called for redemption in minimum denominations of $25 and in multiples of $25.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  DTE Energy Co., 2016 Series F 6.00% Junior Subordinated Debentures due 2076, issued in $25 denominations, redeemable at the issuer's option on or after 12/15/2021 at $25 per share plus accrued and unpaid interest, and maturing 12/15/2076. Interest distributions of 6.00% per annum ($1.50 per annum or $0.375 per quarter) will be paid quarterly on 3/15, 6/15, 9/15 & 12/15 to holders of record on the record date that will be 15 calendar days prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date). The company may, on one or more occasions, defer dividend payments for up to 40 consecutive quarters unless an event of default occurs, but not beyond the maturity date. The Company may redeem the junior subordinated debentures in whole before 12/15/2021 if a rating agency event occurs. In this event, the redemption price will be equal to 102% of the principal amount (see prospectus for further details). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. This security was rated as Baa2 by Moody’s and BBB- by S&P at the date of its IPO. The junior subordinated debentures are unsecured, subordinated obligations of the company and will rank equally with all existing and future unsecured, subordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NYSE Chart	6.00% $1.50	$25.00 $25.00	Called for 12/15/2021 12/15/2076	Baa3 BBB- 9/22/2020	3/15, 6/15, 9/15 & 12/15 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Company's Online Information Links

HOME PAGE:     https://www.dteenergy.com/
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Company's Online SEC EDGAR Filings

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Company's Email Address Links

Inv Rel Email Address	John.Dermody@dteenergy.com
General Email Address	Investor_Relations@DTEEnergy.com

Address and Phone Numbers

Address:   One Energy Plaza, Detroit, Michigan 48226
Main Phone Number	313-235-4000
Fax Number	Not Available
Investor Relations   John Dermody	313-235-8030
Toll Free Phone Number	866-388-8558

CEO - Diego Areces

CFO - David Ruud