Carvana co. launches private exchange offers, cash tender offer and consent solicitations relating to existing notes

Phoenix--(business wire)--carvana co. (nyse: cvna) (“carvana” or the “company”), the leading e-commerce platform for buying and selling used cars, announced today that it is offering noteholders the option to exchange their unsecured notes and receive new secured notes that would provide exchanging noteholders with collateral while reducing carvana's cash interest expense and total debt and maintaining significant flexibility for the company. as previously announced, holders of more than 90% of.
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