---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-23-000136"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:13:49.438543+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 for senior notes to May 17, keeps early premium

## Summary
- Extends expiration of exchange offers to May 17, 2023; withdrawal deadline has passed.
- Offers up to $1B aggregate principal of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028.
- Early Exchange Premium of $20 per $1,000 principal available for holders tendering by new expiration.
- Total consideration ranges from $632.50 (4.875% 2029 notes) to $858.75 (5.625% 2025 notes) per $1,000.
- All other terms of exchange offer unchanged from March 22, 2023 memorandum.

## SEC filing metadata
- accession: 0001690820-23-000136
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2023-05-03T23:59:59+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/1690820/000169082023000136/0001690820-23-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082023000136/cvna-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-23-000136
- JSON: https://secwatch.observer/filing/0001690820-23-000136.json
- Plain text: https://secwatch.observer/filing/0001690820-23-000136.txt

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