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Wolfspeed WOLF

Wolfspeed announces $1.5B government loan deal

Form
8-K
Filed
Importance
Notable
  1. $1.5B senior secured delayed draw term loan facility
  2. Initial tranche of $600M, remaining tranches up to $900M
  3. Project to include SiC wafer and GaN production
  4. Interest rate tied to U.S. Treasury rate plus 1.25%-1.75% risk premium

Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.

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Data on this page was fetched . The filing on SEC.gov is the record.