Home Finance Hawaiian Electric in restructuring talks after Maui fires: Wall Street Journal

Hawaiian Electric in restructuring talks after Maui fires: Wall Street Journal

by CoinNews

Hawaiian Electric Industries Inc. is in talks with restructuring firms to explore its legal and financial options following devastating wildfires in Maui, the Wall Street Journal reported Wednesday, citing people familiar with the matter.

Shares of Hawaiian Electric HE fell more than 4% in the extended session Wednesday, following a 1.5% drop in the regular session. The stock is down 55% for the week.

The…

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