{"schema_version":"secwatch.filing_event.v1","accession":"0001690820-23-000176","form_type":"8-K","ticker":"CVNA","cik":"0001690820","company_name":"CARVANA CO.","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.061057+00:00","generated_at":"2026-06-14T08:20:30.844003+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Carvana exchange offer fails; $500M minimum participation not met","bullets":["Carvana's exchange offers for up to $1B of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028 expired unaccepted.","Minimum participation condition of $500M aggregate principal amount of existing notes was not satisfied.","All tendered Existing Notes will be returned to holders; no consideration paid.","Offers covered 5.625% 2025, 5.5% 2027, 5.875% 2028, 4.875% 2029, and 10.25% 2030 Senior Notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001690820-23-000176","json":"https://secwatch.observer/filing/0001690820-23-000176.json","markdown":"https://secwatch.observer/filing/0001690820-23-000176.md","text":"https://secwatch.observer/filing/0001690820-23-000176.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690820/000169082023000176/0001690820-23-000176-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690820/000169082023000176/cvna-20230601.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:20:30.844003+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}