Brief: Wolfspeed Says RSA Expected To Reduce Wolfspeed's Debt By $4.6 Billion

Wolfspeed (Pre-Reincorporation)

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

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 ((Reuters.Briefs@thomsonreuters.com;))