THE DETROIT EDISON COMPANY DEBT SECURITIES UNDERWRITING AGREEMENTUnderwriting Agreement • May 18th, 2009 • Detroit Edison Co • Electric services • New York
The Detroit Edison Company, a Michigan corporation (the “Company”), proposes to issue and sell severally to the firms named in Schedule I hereto (such firms constituting the “Underwriters”) $250,000,000 aggregate principal amount of the Company’s 2008 Series J 6.40% Senior Notes due 2013 with the terms specified in Schedule II hereto (the “Securities”). The Securities will be issued pursuant to the terms of an Indenture, dated as of June 30, 1993, between the Company and The Bank of New York Mellon Trust Company, N.A., as successor trustee (the “Indenture Trustee”), as amended and supplemented by various supplemental indentures including the supplemental indenture (a “Supplemental Indenture”) creating the Securities (the “Indenture”). Payment of the principal of, premium, if any, and interest on the Securities will be secured by the Company’s General and Refunding Mortgage Bonds, 2008 Series J (“Mortgage Bonds”), to be issued under the Mortgage and Deed of Trust, dated as of October 1,
