• 09/21/2024

Carvana Soars on Restructuring Deal, Launches Stock Offering

Wall Street Journal

The used-car dealer signed a bond swap deal to reduce its debt by $1.2 billion. Shares rose more than 20% premarket.

https://www.wsj.com/articles/carvana-soars-on-debt-restructuring-deal-launches-stock-offering-9e593270