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Published on 4/28/2010 in the Prospect News Investment Grade Daily and Prospect News Private Placement Daily.

Detroit Edison said it will sell $300 million of 4.89% senior notes

By Lisa Kerner

Charlotte, N.C., April 28 - Detroit Edison Co. agreed in March to issue and sell $300 million of 4.89% senior notes, according to a company presentation filed with the Securities and Exchange Commission.

No other details about the issue were provided.

The diversified energy company is based in Detroit.


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