Carvana expects a first-quarter loss of between $50 million and $100 million, drastic improvement from a loss of $348 million it reported a year earlier, despite significantly lower sales and revenue.
As for Carvana's debt, the company is offering noteholders the option to exchange their unsecured notes at a premium to current trading prices in exchange for new secured notes. The actions will provide exchanging noteholders with "collateral while reducing Carvana's cash interest expense and maintaining significant flexibility," the company said in anIf fully subscribed, the exchange offer would reduce the face value of Carvana's outstanding $5.
Carvana…Really? You go ahead and invest in that Turd.😂😂😂😂
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
How one guy is using ChatGPT to launch a business with just $100A guy is using ChatGPT to turn $100 into a business making as much money as possible. Here are the first 4 steps the AI chatbot gave him.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »