Wolfspeed Inc. announced plans to allocate $192.2 million from recently received tax refunds toward debt reduction, including retiring approximately $175 million of outstanding debt. The remaining funds will be used for general corporate purposes as part of the company's ongoing strategy to strengthen its financial position and support future growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wolfspeed Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251201064369) on December 01, 2025, and is solely responsible for the information contained therein.
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