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01.07.25 - 06:06
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Wolfspeed moves forward with capital restructuring plan (Digitimes)
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Wolfspeed, a global leader in silicon carbide technologies, announced on June 30, 2025, that it has made continued progress in executing its previously announced Restructuring Support Agreement (RSA). The agreement has received backing from key stakeholders, including holders of more than 97% of its senior secured notes, Renesas Electronics' wholly owned US subsidiary, and convertible debtholders holding more than 67% of the outstanding convertible notes....
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30.06.25 - 23:21
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Wolfspeed Takes Next Step to Implement Restructuring Support Agreement and Proactively Strengthen Capital Structure (Business Wire)
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Initiates Pre-Packaged Restructuring Process with Strong Support of Key Lenders, Expects to Emerge by 3QCY25
Agreement Aims to Better Position Wolfspeed to Execute on Long-Term Growth Strategy and Accelerate Path to Profitability
Company Has ~$1.3B of Cash as of 3QFY25, Providing Sufficient Near-Term Liquidity to Support Customers and Pay Vendors in Ordinary CourseDURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide technologies, today announced that it has taken the next step to implement its previously announced Restructuring Support Agreement (“RSA”) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics Corporation's wholly owned U.S. subsidiary and (iii) convertible debtholders holding more than 67% of the outstanding convertible notes.
Upon emergence from the process, the Company expects to have reduced its overall debt by approximately 70%, representing a reduction of approximately $4.6 billion a...
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26.06.25 - 00:15
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Ralliant Set to Join S&P SmallCap 600 (PR Newswire)
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NEW YORK, June 25, 2025 /PRNewswire/ -- Ralliant Corp. (NYSE: RAL) will replace Wolfspeed Corp. (NYSE: WOLF) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 1. S&P 500 constituent Fortive Corp. (NYSE:FTV) is spinning off Ralliant in a transaction......
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24.06.25 - 15:01
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Ehemaliger Saarland-Hoffnungsträger Wolfspeed meldet Insolvenz an (Electrive)
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Der US-Chiphersteller Wolfspeed wollte gemeinsam mit ZF im Saarland eine Fabrik für Halbleiter für Elektroautos bauen. Doch die Pläne liegen auf Eis, Wolfspeed ist in finanzielle Schwierigkeiten geraten. Nun will das Unternehmen in den USA Insolvenz nach Chapter 11 anmelden und in einem Restrukturierungsverfahren seine Schulden um 70 Prozent reduzieren....
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