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Carvana, Used Car Dealer, Reaches Deal to Restructure Debt

Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but that are secured against real estate and other assets.

Neal Boudette
Author: Neal Boudette

Written by

Neal E. Boudette and Joe Rennison

in

Carvana Co, Company Reports, Coronavirus (2019-nCoV), Credit and Debt, E-Commerce, Stocks and Bonds, Used Cars
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