S&P affirms DTE Energy bonds

Standard & Poor's said it affirmed its BBB+ rating on DTE Energy Center LLC's $244 million in senior secured bonds.

The affirmation follows a review of proposed amendments to two of agreements at the Toledo North Assembly Plant and the Sterling Heights Stamping Plant, the agency said.

According to the agency, DTE Energy used the proceeds of the bonds due April 30, 2024 to finance the purchase of a portfolio of utility assets from Chrysler.

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