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Carvana Co. has entered into a significant amendment to its financial agreements with Ally Bank and Ally Financial Inc. On January 11, 2024, the parties amended the Second Amended and Restated Master Purchase and Sale Agreement, which now includes a commitment from the Ally Parties to purchase up to $4.0 billion of automotive finance receivables over the course of a year, from January 11, 2024, to January 10, 2025. This amendment is expected to have a material impact on Carvana's financial operations. The details of the amendment were disclosed in a Form 8-K filed with the SEC, which also included the Fifth Amendment to the agreement as an exhibit. The filing was signed by Paul Breaux, Vice President, General Counsel, and Secretary of Carvana Co., and was dated January 16, 2024.
Carvana Co. has entered into a significant amendment to its financial agreements with Ally Bank and Ally Financial Inc. On January 11, 2024, the parties amended the Second Amended and Restated Master Purchase and Sale Agreement, which now includes a commitment from the Ally Parties to purchase up to $4.0 billion of automotive finance receivables over the course of a year, from January 11, 2024, to January 10, 2025. This amendment is expected to have a material impact on Carvana's financial operations. The details of the amendment were disclosed in a Form 8-K filed with the SEC, which also included the Fifth Amendment to the agreement as an exhibit. The filing was signed by Paul Breaux, Vice President, General Counsel, and Secretary of Carvana Co., and was dated January 16, 2024.
Carvana Co. 已对其与Ally Bank和Ally Financial Inc.的财务协议进行了重大修订。2024年1月11日，双方修订了第二份经修订和重述的主买卖协议，该协议现在包括盟国承诺在2024年1月11日至2025年1月10日的一年内购买高达40亿美元的汽车融资应收账款。该修正案预计将对Carvana的财务业务产生重大影响。该修正案的细节已在向美国证券交易委员会提交的8-K表格中披露，该表格还将协议的第五修正案列为附件。该文件由Carvana公司副总裁、总法律顾问兼秘书保罗·布罗克斯签署，日期为2024年1月16日。
Carvana Co. 已对其与Ally Bank和Ally Financial Inc.的财务协议进行了重大修订。2024年1月11日，双方修订了第二份经修订和重述的主买卖协议，该协议现在包括盟国承诺在2024年1月11日至2025年1月10日的一年内购买高达40亿美元的汽车融资应收账款。该修正案预计将对Carvana的财务业务产生重大影响。该修正案的细节已在向美国证券交易委员会提交的8-K表格中披露，该表格还将协议的第五修正案列为附件。该文件由Carvana公司副总裁、总法律顾问兼秘书保罗·布罗克斯签署，日期为2024年1月16日。
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