Hawaiian Electric Industries, Inc. (HEI) announced the pricing of $500 million aggregate principal amount of 6.000% Senior Notes due 2033.
The offering is intended to finance capital expenditures and repay debts.
The Notes have not been registered under the Securities Act.
The offering is expected to close on or about September 18, 2025.
Offering Details
$500 million of 6.000% Senior Notes due 2033 were priced.
Intended Use of Proceeds
Proceeds will finance capital expenditures and repay debts.
Regulation Compliance
Offering made to qualified institutional buyers and non-U.S. persons.
- The offering will support Hawaiian Electric's financial activities and capital investments.
- Debt repayment will strengthen the company's financial position.
- Meeting obligations to qualified institutional buyers and non-U.S. persons enhances compliance.
The announcement of the private offering signals Hawaiian Electric's strategic financial planning and commitment to capital structure optimization.