War office strategic capital announces $1.5 billion conditional loan for Wolfspeed
The WOLF Department of War's Office of Strategic Capital announced a $1.5 billion conditional loan commitment to Wolfspeed, Inc. (USGOV).
Story updates
08:05:26 PM UTC
SquawkNews
Wolfspeed, Inc. (NYSE:WOLF) today announced it has received a conditional loan commitment letter from the U.S. Department of War (“DoW”), through its Office of Strategic Capital (“OSC”), for up to $1.5 billion of long-term financing to support the domestic development and production of silicon carb…