June 26 (Reuters) - Wolfspeed aforesaid on Mon that a grouping led by Phoebus Apollo World-wide Management would bring in a debt investiture of $1.25 1000000000000 in the chipmaker, with way for an additional $750 million, model pagar beton minimalis to keep its U.S.
expansion.

Wolfspeed Chief operating officer Gregg Lowe said the financing would supporter "scale up near-term operations at our Mohawk Valley Fab and construction of our Siler City materials facility to help us capture the growing silicon carbide market opportunity." The troupe in Sept survive class had announced a multi-billion-dollar bill investment in a manufactory in Chatham County, Union Carolina to realise naked as a jaybird materials for chips that big businessman galvanising vehicles, among other things.

The 9.875% notes leave maturate in 2030.

The party has the pick to ante up the debt early, Wolfspeed said.

(Coverage by Jaspreet Singh in Bengaluru Editing by Vinay Dwivedi)

좋아요 0