Carvana’s creditors offer to swap debt for equity, defer payment
SaveSavedRemoved 0
Deal Score0
Creditors holding about 90 percent of Carvana Co.’s bonds have been pitching the beleaguered used-car company on ways to pare down debt and improve liquidity, including a proposal for a debt-for-equity swap, according to people with knowledge of the situation.
The group, represented by White &…
Read More