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Hawaiian Electric Falls After Halting Dividend, Drawing Credit

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Hawaiian Electric Industries Inc. slumped after the company said it will draw down on credit lines and suspend its dividend to preserve cash in the wake of deadly wildfires on Maui.

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Hawaiian Electric Suspends Dividend, Draws Down Credit LinesHawaiian Electric Industries Inc. drew down on revolving credit lines and said it would suspend its quarterly dividend as it seeks to shore up cash following the deadly wildfires in Maui.
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