---
schema_version: "secwatch.filing_event.v1"
accession: "0000936340-22-000167"
form_type: "8-K"
ticker: "DTE"
cik: "0000936340"
company_name: "DTE ENERGY CO"
filed_at: "2022-06-29T23:59:59+00:00"
generated_at: "2026-06-24T22:32:00.388437+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# DTE Energy enters $1.125B term loan credit agreement with mandatory draw requirements

## Summary
- Term loan facility of $1,125,000,000 (plus $75M accordion) with Bank of Nova Scotia as administrative agent.
- Mandatory draws: at least $400M by Aug 23, 2022; at least $800M by Dec 21, 2022.
- Interest at term SOFR plus margin (plus 10 bps credit spread adjustment) or base rate plus margin.
- Covenant: total funded debt to capitalization ratio >=0.70:1 until Dec 31, 2022; >=0.65:1 thereafter.
- No borrowings as of June 24, 2022; proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0000936340-22-000167
- form_type: 8-K
- ticker: DTE
- cik: 0000936340
- company_name: DTE ENERGY CO
- filed_at: 2022-06-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936340/000093634022000167/0000936340-22-000167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936340/000093634022000167/dte-20220624.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936340-22-000167
- JSON: https://secwatch.observer/filing/0000936340-22-000167.json
- Plain text: https://secwatch.observer/filing/0000936340-22-000167.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.