Hawaii calls $100 million of Hawaiian Electric special purpose bonds

By Tali David

Minneapolis, Sept. 16 - The Department of Budget and Finance of the State of Hawaii called its $100 million of series 1997A special purpose revenue bonds issued for the Hawaiian Electric Co., Inc. and subsidiaries projects, according to a notice.

The 5.65% bonds, which are due Oct. 1, 2027, will be redeemed at par plus accrued interest on Oct. 15.

The Bank of New York Mellon Trust Co., NA is the trustee and paying agent.

The budget and finance department is based in Honolulu. The electric company is also based in Honolulu.

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