Wolfspeed announced on September 29, 2025, the successful completion of its financial restructuring process and its emergence from Chapter 11 protection. This marks a new era for the company with a renewed commitment to innovation and growth.
Through the restructuring, Wolfspeed reduced its total debt by approximately 70%, with maturities extended to 2030, and lowered its annual cash interest expense by roughly 60%. The company believes it maintains ample liquidity to continue supplying customers with silicon carbide solutions.
With a self-funded business plan supported by free cash flow generation, Wolfspeed is now positioned to leverage its vertically-integrated 200mm manufacturing footprint. CEO Robert Feurle expressed confidence in capturing rising demand in end markets such as AI, EVs, industrial, and energy, with a much stronger financial foundation.
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