---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-23-000122"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:42:41.574996+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carvana extends exchange offers to May 3, boosts consideration for 2025 notes

## Summary
- Extends expiration of exchange offers to May 3, 2023; withdrawal deadline already passed.
- Increases exchange consideration for 2025 notes from $788.75 to $838.75 per $1,000 principal.
- Early Exchange Premium of $20 per $1,000 available for tenders by new expiration.
- Total consideration per $1,000: 2025 $858.75, 2030 $793.75, 2027 $658.75, 2028 $646.25, 2029 $632.50.
- Aggregate principal capped at $1B of new 9%/12% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028.

## SEC filing metadata
- accession: 0001690820-23-000122
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082023000122/0001690820-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082023000122/cvna-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-23-000122
- JSON: https://secwatch.observer/filing/0001690820-23-000122.json
- Plain text: https://secwatch.observer/filing/0001690820-23-000122.txt

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