{"schema_version":"secwatch.filing_event.v1","accession":"0001690820-23-000019","form_type":"8-K","ticker":"CVNA","cik":"0001690820","company_name":"CARVANA CO.","filed_at":"2023-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.160715+00:00","generated_at":"2026-06-20T14:47:11.637558+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Carvana extends Ally financing facility to $4B through Jan 2024","bullets":["Amendment ups Ally commitment to $4.0 billion for purchasing automotive finance receivables.","Scheduled Commitment Termination Date extended to January 12, 2024.","Agreement amended to repurchase receivables upon breach of representations or warranty failures.","Transferor must provide legal opinions and good standing certificates within 20 days of effective date."],"urls":{"canonical":"https://secwatch.observer/filing/0001690820-23-000019","json":"https://secwatch.observer/filing/0001690820-23-000019.json","markdown":"https://secwatch.observer/filing/0001690820-23-000019.md","text":"https://secwatch.observer/filing/0001690820-23-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690820/000169082023000019/0001690820-23-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690820/000169082023000019/cvna-20230113.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T14:47:11.637558+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b7ad2636842c2cc260b4788f9fd03ff8d287b798","claim":"CARVANA CO. amended Second Amended and Restated Master Purchase and Sale Agreement with Ally Bank and Ally Financial Inc. (together, the \"Ally Parties\") valued at up to $4.0 billion (effective 2023-01-13).","evidence_excerpt":"On January 13, 2023, a subsidiary of Carvana Co., Ally Bank, and Ally Financial Inc. (together, the \"Ally Parties\") amended the Second Amended and Restated Master Purchase and Sale Agreement (the “MPSA”) to, among other things, extend the Scheduled Commitment Termination Date to January 12, 2024 and establish a commitment by the Ally Parties to purchase up to $4.0 billion of automotive finance receivables.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690820/000169082023000019/0001690820-23-000019-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Ally Bank and Ally Financial Inc. (together, the \"Ally Parties\")"},{"label":"Value","value":"up to $4.0 billion"},{"label":"Effective","value":"2023-01-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}