Brief: Wolfspeed Says RSA Expected To Reduce Wolfspeed's Debt By $4.6 Billion
23/06/2025 02:02
June 22 (Reuters) - Wolfspeed Inc WOLF.N: WOLFSPEED INC - RSA EXPECTED TO REDUCE WOLFSPEED'S DEBT BY $4.6 BILLION WOLFSPEED INC - EXPECTS TO COMPLETE RESTRUCTURING BY END OF 3QCY25 WOLFSPEED INC - TO RECEIVE $275 MILLION IN NEW FINANCING WOLFSPEED INC - RSA INCLUDES EXCHANGE OF $5.2 BILLION CONVERTIBLE NOTES FOR $500 MILLION NEW NOTES Source text: ID:nBw9Z3l3ca Further company coverage: WOLF.N ((Reuters.Briefs@thomsonreuters.com;))
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