BorgWarner to invest $500M in Wolfspeed, securing up to $650M in annual capacity for SiC devices
Green Car Congress
NOVEMBER 17, 2022
Wolfspeed intends to offer , subject to market conditions and other factors, $1.300 billion aggregate principal amount of its Convertible Senior Notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
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