Carvana enters $650.28M auto-loan securitization Carvana Auto Receivables Trust 2025-P2

Carvana Receivables Depositor LLC

Underwriting agreement signed June 10, 2025; public notes aggregate $650,280,000 across Classes A-1 through D.
Closing date on or about June 17, 2025; 5% of notes and certificates retained for risk retention.
Proceeds used to purchase used-vehicle retail installment contracts; Bridgecrest Credit Company to service.
Transaction includes Class N and XS notes not registered; all documents filed as exhibits to satisfy Regulation AB.

item 1.01item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.