---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-146314"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:47:49.988439+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Carvana issues $3.275B senior notes and completes $2.2B acquisition of ADESA U.S. physical auction business

## Summary
- Issued $3.275 billion of 10.2500% Senior Notes due 2030 under indenture with U.S. Bank Trust as trustee.
- Completed $2.2 billion cash acquisition of ADESA U.S. physical auction business on May 9, 2022.
- Notes accrue interest at 10.25% per annum, payable semi-annually, maturing May 1, 2030.
- Escrowed note proceeds released to fund ADESA acquisition and for general corporate purposes.
- Added ADESA Guarantors to indentures for 2025, 2027, 2028, 2029, and 2030 senior notes.

## SEC filing metadata
- accession: 0001193125-22-146314
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000119312522146314/0001193125-22-146314-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000119312522146314/d339237d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-146314
- JSON: https://secwatch.observer/filing/0001193125-22-146314.json
- Plain text: https://secwatch.observer/filing/0001193125-22-146314.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.