Hawaiian Electric In Talks With Financial Restructuring Firms, Sources Say
Portfolio Pulse from Benzinga Newsdesk
Hawaiian Electric (HE) is reportedly in discussions with financial restructuring firms, according to sources cited by the Wall Street Journal. The specifics of the restructuring and the potential impact on the company's financial health are not yet clear.
August 16, 2023 | 7:43 pm
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Hawaiian Electric is in talks with financial restructuring firms. The outcome of these discussions could significantly impact the company's financial health and stock price.
Financial restructuring often indicates a company is facing financial difficulties. While the specifics of the restructuring are not yet clear, the news could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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