secwatch.observer — SEC 8-K summary
======================================

Issuer:     DTE Electric Co (—)
CIK:        0000028385
Form:       8-K
Filed at:   2025-10-28T23:59:59+00:00
Accession:  0000936340-25-000216
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTE Energy, DTE Electric, DTE Gas enter amended $2.8B unsecured revolver maturing 2030
--------------------------------------------------------------------------------

- Commitments: DTE Energy $1.5B, DTE Electric $1.0B, DTE Gas $300M; total $2.8B.
- Facility expires October 22, 2030, with two one-year extension options available.
- DTE Electric and DTE Gas must maintain ≤0.65 debt/capitalization; DTE Energy ≤0.70.
- Borrowings bear interest at Base Rate or Adjusted Term SOFR plus Applicable Margin.
- Proceeds used for general corporate purposes; facility is unsecured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28385/000093634025000216/0000936340-25-000216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28385/000093634025000216/dte-20251022.htm
  HTML page:      https://secwatch.observer/filing/0000936340-25-000216

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer