Wolfspeed Inc (formerly Cree Inc) of Durham, NC, USA – which makes silicon carbide materials as well as silicon carbide (SiC) and gallium nitride (GaN) power-switching & RF semiconductor devices, for applications such as electric vehicles (EVs), fast charging, 5G, renewable energy and storage, and aerospace & defense – has announced the pricing of $650m of its 0.25% convertible senior notes due 2028 in a private offering to qualified institutional buyers (pursuant to Rule 144A under the Securities Act of 1933, as amended). The offering size was increased from the previously announced $500m...
Source: http://www.semiconductor-today.com/news ... 0222.shtml