{"schema_version":"secwatch.filing_event.v1","accession":"0000354707-23-000078","form_type":"8-K","ticker":"HE","cik":"0000354707","company_name":"HAWAIIAN ELECTRIC INDUSTRIES INC","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.321118+00:00","generated_at":"2026-06-11T04:24:21.413431+00:00","sec_items":["2.03","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HEI suspends quarterly dividend, draws $370M from credit lines amid Maui wildfire recovery","bullets":["HEI drew $170M and Hawaiian Electric drew $200M under revolving unsecured credit facilities; proceeds in short-term investments.","HEI Board suspends quarterly cash dividend on common stock beginning Q3 2023; prior $0.36/share dividend payable Sep 8, 2023 unaffected.","Independent directors Dahl, Kennedy, and Otani move exclusively to American Savings Bank board as of Aug 22, 2023.","95% of customers in affected Maui areas expected to have power restored by end of week; company cites extraordinary climatological event on Aug 8, 2023.","American Savings Bank maintains strong liquidity: $3.1B secured borrowing capacity, 79% deposits FDIC-insured, no risk to customer deposits from fire claims."],"urls":{"canonical":"https://secwatch.observer/filing/0000354707-23-000078","json":"https://secwatch.observer/filing/0000354707-23-000078.json","markdown":"https://secwatch.observer/filing/0000354707-23-000078.md","text":"https://secwatch.observer/filing/0000354707-23-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/354707/000035470723000078/0000354707-23-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46207/000035470723000078/he-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:24:21.413431+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"61d464711b5cd298219e8295771d5b1287e6cef4","claim":"HAWAIIAN ELECTRIC INDUSTRIES INC incurred revolving credit of $200 million with not specified at not specified maturing not specified.","evidence_excerpt":"Yesterday, HEI drew $170 million and Hawaiian Electric drew $200 million under their existing revolving unsecured credit facilities.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/354707/000035470723000078/0000354707-23-000078-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$200 million"},{"label":"Counterparty","value":"not specified"},{"label":"Rate","value":"not specified"},{"label":"Maturity","value":"not specified"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fb57ad2cc26de95035a2e5f458884d332d018ca2","claim":"HAWAIIAN ELECTRIC INDUSTRIES INC incurred revolving credit of $170 million with not specified at not specified maturing not specified.","evidence_excerpt":"Yesterday, HEI drew $170 million and Hawaiian Electric drew $200 million under their existing revolving unsecured credit facilities.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/354707/000035470723000078/0000354707-23-000078-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$170 million"},{"label":"Counterparty","value":"not specified"},{"label":"Rate","value":"not specified"},{"label":"Maturity","value":"not specified"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}