4.8 C
Saturday, April 20, 2024

Carvana creditors propose debt-for-equity swap – Bloomberg (NYSE:CVNA)

Must read

- Advertisement -

Used Car Seller Carvana Lays Off Over 10 Percent Of Workforce

Joe Raedle/Getty Images News

Creditors who own about 90% of Carvana’s (NYSE:CVNA) bonds are said to be pitching a deb-for-equity swap to the used-car company.

The creditor group, which is represented by White & Case and PJT Partners, recently proposed exchanging a “substantial” amount of unsecured notes for equity in

- Advertisement -
- Advertisement -

Source link

- Advertisement -

More articles


Please enter your comment!
Please enter your name here

Latest article