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Wolfspeed to offer $1.3 billion of convertible bonds due 2029; BorgWarner will invest $500 million

Wolfspeed Inc. , a maker of silicon carbide and gallium nitride technologies for use in power-switching devices, EVs, 5G and renewable energy among other applications, said Wednesday it is planning to offer $1.3 billion of convertible bonds that mature in 2029. Proceeds will be used to fund capped call transactions that aim to reduce dilution […] The post Wolfspeed to offer $1.3 billion of convertible bonds due 2029; BorgWarner will invest $500 million appeared first on ForexTV... Read More
Posted: Nov 16 2022, 19:01
Author Name: forextv
Views: 102061

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