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Wolfspeed Completes Financial Restructuring

Sept. 29, 2025, 9:55 PM UTC
Marisa Coulton
Marisa Coulton

Wolfspeed completed its financial restructuring, reducing total debt by 70% with maturities extended to 2030.

  • Annual cash interest expense lowered by 60%
  • Company names five new directors
  • NOTE: Wolfspeed Soars as Firm Set to Emerge From Chapter 11 in Weeks

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To contact the reporter on this story:
Marisa Coulton in Toronto at mcoulton1@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

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