Carvana shares jump 40% on deal to reduce debt by $1.2 billionCarvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expense.[Collection]

Carvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expense.https://www.cnbc.com/2023/07/19/carvana-deal-to-reduce-debt-shares-soar.html