financetom
Business
financetom
/
Business
/
Market Chatter: Apollo Engages Moelis for Possible Wolfspeed Debt Restructuring
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Apollo Engages Moelis for Possible Wolfspeed Debt Restructuring
May 26, 2025 7:07 AM

03:03 PM EDT, 05/13/2025 (MT Newswires) -- Apollo Global Management ( APO ) has engaged Moelis ( MC ) as it negotiates a possible debt restructuring with Wolfspeed ( WOLF ) , The Wall Street Journal reported Tuesday, citing people familiar with the matter.

Apollo leads a group that holds $1.5 billion in senior secured loans, according to the report.

Apollo, Moelis ( MC ) and Wolfspeed ( WOLF ) did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 146.74, Change: +3.29, Percent Change: +2.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BlackRock issued warning over 'misleading statements' tied to ESG funds
BlackRock issued warning over 'misleading statements' tied to ESG funds
Mar 27, 2024
(Reuters) - BlackRock ( BLK ) was issued a legal warning by the U.S. state of Mississippi over false and misleading statements to Mississippi investors tied to its environmental, social and governance (ESG) investment strategies, according to a 33-page document released on Wednesday. The Mississippi secretary of state Michael Watson and the state's Securities Division issued a 'summary cease and...
GE HealthCare Launches Urology Software Prostate Volume Assist
GE HealthCare Launches Urology Software Prostate Volume Assist
Mar 27, 2024
02:53 PM EDT, 03/27/2024 (MT Newswires) -- GE HealthCare Technologies ( GEHC ) said Wednesday it has launched an artificial intelligence-assisted software designed to aid urologists in prostate imaging, biopsies, and treatment guidance. The software, called Prostate Volume Assist, is designed to automate the manual process for generating prostate volume measurements, the company said. Price: 89.96, Change: +0.89, Percent Change:...
Carnival will not sail through Red Sea in 2024, early next year, CFO says
Carnival will not sail through Red Sea in 2024, early next year, CFO says
Mar 27, 2024
By Granth Vanaik and Doyinsola Oladipo (Reuters) - Cruise operator Carnival said on Wednesday it will probably not be sailing through the Red Sea region for the rest of this year and early next year given persistent hostilities across the key shipping route. Even though 2024 is expected to be a record year for cruise travel, operators such as Carnival...
Market Chatter: Artisan Partners Asset Management Increases Stake in Barry Callebaut
Market Chatter: Artisan Partners Asset Management Increases Stake in Barry Callebaut
Mar 27, 2024
02:59 PM EDT, 03/27/2024 (MT Newswires) -- Artisan Partners Asset Management ( APAM ) increased its shareholding in Barry Callebaut to 5.5% from 3% in February, Bloomberg News reported, citing SIX Exchange. Artisan Partners is the second largest stakeholder in the Swiss-Belgian chocolate maker behind Jacobs Holding, which owns a 30% stake, according to the report. Neither Artisan Partners nor...
Copyright 2023-2026 - www.financetom.com All Rights Reserved