What changed
DTE Electric Company and DTE Electric Securitization Funding III LLC entered an underwriting agreement on November 3, 2026 with Citigroup Global Markets Inc. as representative of the underwriters for the purchase and sale of $600,461,000 of Senior Secured Securitization Bonds, Series 2026A. The bonds are to be issued pursuant to an Indenture and Series Supplement each dated as of November 12, 2026. The issuance is accompanied by a Securitization Property Servicing Agreement, Securitization Property Purchase and Sale Agreement, Administration Agreement, and Amended and Restated Intercreditor Agreement, and the Issuing Entity adopted an Amended and Restated Limited Liability Company Agreement effective November 2, 2026.