XML 48 R34.htm IDEA: XBRL DOCUMENT v3.22.2.2
Credit agreement and changes in debt (Tables)
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of notes On September 29, 2022, HEI entered into a note purchase agreement (HEI NPA) under which HEI has authorized the issue and sale of $110 million of unsecured senior notes that were drawn on November 1, 2022, as displayed in the table below.
HEI Series 2022CHEI Green Series 2022D
Aggregate principal amount
$75 million$35 million
Fixed coupon interest rate
5.43%5.43%
Maturity date11/1/203211/1/2034
The Notes had a delayed draw feature and the Utilities drew down all the proceeds on June 15, 2022.
Series 2022A
Aggregate principal amount$60 million
Fixed coupon interest rate3.7%
Maturity date6/15/2032
Principal amount by company:
Hawaiian Electric$40 million
Hawaii Electric Light$10 million
Maui Electric$10 million