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Wolfspeed reaches agreement with creditors, plans bankruptcy filing
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Wolfspeed reaches agreement with creditors, plans bankruptcy filing
Jun 22, 2025 7:18 PM

June 22 (Reuters) - Wolfspeed ( WOLF ) said on Sunday

that it has reached a restructuring agreement with creditors and

plans to file for bankruptcy in the U.S. in the near future.

The restructuring agreement would provide the struggling

chipmaker with $275 million in fresh financing by some of its

existing creditors, the company said in its statement.

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