InfraDefenceThe capital behind defence.
Government finance · 7 Oct 2026

Office of Strategic Capital conditional loan: Wolfspeed (US$1,500m)

Issuer or borrower
Wolfspeed
Date
7 Oct 2026
Amount
US$1.5bn
Type
Government finance
Structure
Senior secured delayed-draw term loan up to $1.5bn (conditional), with warrants; conditional on at least $750m qualifying equity
Purpose
Delayed-draw term loan for silicon carbide production
Country
United States

This is a programme-level or conditional commitment. It is listed for reference and left out of funded totals.

Sources

  1. Wolfspeed Form 8-K exhibit 99.1 sec.gov · 7 Oct 2026
  2. US Department of War: OSC conditional loan to Wolfspeed war.gov

Checked against the documents above. Record DEF-2026-0021.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.