Wolfspeed plans to file for bankruptcy in the United States under a restructuring agreement with creditors, which would ...

Wolfspeed is now expected to file for voluntary Chapter 11 petitions under the US Bankruptcy Code. The company said that its decision to file for Chapter 11 had the backing of key investors.

Power chip biz to hand over equity to lenders, wipe out most shareholders, and keep running during restructuring ...

Wolfspeed, a US-based chipmaker, plans to file for Chapter 11 bankruptcy under a restructuring agreement to reduce its $6.5 billion debt by nearly 70%. The pre-packaged plan, agreed upon with ...

Wolfspeed is implementing a pre-packaged Chapter 11 restructuring with strong backing from over 97% of senior secured ...

Most consequentially, Wolfspeed will convert $5.2 billion in existing convertible notes and a $2 billion prepayment from Japanese chipmaker Renesas into just $500 million in new senior notes, 95% of ...

Durham-based semiconductor company Wolfspeed has announced its restructuring plan as it files for bankruptcy. Wolfspeed has ...

Stellantis NV’s (STLA) new CEO, Antonio Filosa, took charge as CEO of the company on Monday and announced slight management ...

Wolfspeed has entered into a Restructuring Support Agreement (RSA)with key lenders, including holders of more than 97 percent of its senior secured notes; Renesas Electronics' wholly owned US ...