---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-26-000059"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2026-08-14T20:55:24+00:00"
generated_at: "2026-08-14T20:58:28.764554+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Carvana enters $1.66B Term Loan B to refinance 2030 senior secured notes

## Summary
- $1.66B senior secured Term Loan B due 2033; priced at 99.75% of par.
- Proceeds to redeem all outstanding 9.0%/11.0%/13.0% Cash/PIK Senior Secured Notes due 2030.
- Redemption dates: $1.0B on Aug 15, 2026; remaining on Aug 22, 2026.
- Interest at Term SOFR + 2.25% or base rate + 1.25%; no financial covenant.
- Amortization 0.25% quarterly; mandatory prepayments from excess cash flow from FY2028.

## SEC filing metadata
- accession: 0001690820-26-000059
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2026-08-14T20:55:24+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082026000059/0001690820-26-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082026000059/cvna-20260814.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-26-000059
- JSON: https://secwatch.observer/filing/0001690820-26-000059.json
- Plain text: https://secwatch.observer/filing/0001690820-26-000059.txt

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