SCT Wolfspeed files for Chapter 11 bankruptcy as part of financial restructuring
Posted: Tue Jul 01, 2025 10:31 am
Wolfspeed Inc of Durham, NC, USA — which makes silicon carbide (SiC) materials and power semiconductor devices — 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 Corp’s US subsidiary and (iii) convertible debtholders holding more than 67% of the outstanding convertible notes...
Source: https://www.semiconductor-today.com/new ... 0725.shtml
Source: https://www.semiconductor-today.com/new ... 0725.shtml