Carvana shoots higher on bond exchange plan
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Carvana (CVNA) note exchange offer could mitigate near-term cash interest burden - William Blair
March 23, 2023 2:25 PM EDTWilliam Blair analyst Sharon Zackfia believes Carvana Co.'s (NYSE: CVNA) private exchange offer for existing notes could mitigate its near-term cash interest burden.
Carvana launched a private exchange offer for existing notes, offering up to $1 billion of new 9% secured second lien notes due 2028, including a minimum of $500... More
