Energy And Industrial Utilities Company (NASDAQ:EIUC)
$275 million in 144A-for-life senior unsecured notes due 2017, noncallable for 5 years, via Morgan Stanley and Barclays. Proceeds, along with a new $375 million senior secured term loan and $50 million revolver, will be used to repay inter-company debt and to fund a dividend to parent company DTE Energy Services.