Carvana prices $1.66B term loan to cut interest costs

What's the deal? Carvana priced a $1.66 billion term loan in August 2026 to refinance secured notes and reduce interest costs. The refinancing extends the company's debt maturity profile; its total debt stood at $5.24 billion as of 30 June 2026.

Read more: StreetInsider · Investing.com