Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing (Sujeet Indap/Financial Times)

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Sujeet Indap / Financial Times:
Sources: investors in US chipmaker Wolfspeed offered ~$600M to refinance a large convertible bond coming due in 2026, to pre-empt a potential bankruptcy filing  —  Move sets up potential showdown between junior investors and private equity giant Apollo at US chipmaker

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