Hei announces pricing of private offering of hawaiian electric senior notes

Honolulu--(business wire)--hawaiian electric industries, inc. (“hei”) (nyse – hei), the parent company of hawaiian electric company, inc. (“hawaiian electric”), announced today the pricing of hawaiian electric's $500 million aggregate principal amount of 6.000% senior notes due 2033 (the “notes”). hawaiian electric intends to use the net proceeds from the offering to finance capital expenditures, repay long-term debt and/or short-term debt, including its revolving credit facility and term loan,.
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