Used car retailer Carvana reaches a deal to restructure its debt to lower interest payments and reports a $105M loss in Q2, down from a $439M loss in Q2 2022 (New York Times)
Used car retailer Carvana reaches a deal to restructure its debt to lower interest payments and reports a $105M loss in Q2, down from a $439M loss in Q2 2022 (New York Times) https://bit.ly/44MxQ04
Used car retailer Carvana reaches a deal to restructure its debt to lower interest payments and reports a $105M loss in Q2, down from a $439M loss in Q2 2022 — 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.
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