Detroit Edison calls $12.93 million general, refunding mortgage bonds

By Melissa Kory

Cleveland, March 1 - Detroit Edison Co. said it will redeem $9,516,000 of its $57,096,000 of 7.904% series B general and refunding mortgage bonds due March 31, 2016 and $3,419,000 of its $13,676,000 of 8.375% series C general and refunding mortgage bonds due March 31, 2014.

The bonds will be redeemed on March 31 at par, plus accrued interest to the redemption date.

Bank of New York Mellon Trust Co., NA is the redemption agent.

The electric subsidiary of DTE Energy is based in Detroit.

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