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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. 已對其與Ally Bank和Ally Financial Inc.的財務協議進行了重大修訂。2024年1月11日，雙方修訂了第二份經修訂和重述的主買賣協議，該協議現在包括盟國承諾在2024年1月11日至2025年1月10日的一年內購買高達40億美元的汽車融資應收賬款。該修正案預計將對Carvana的財務業務產生重大影響。該修正案的細節已在向美國證券交易委員會提交的8-K表格中披露，該表格還將協議的第五修正案列爲附件。該文件由Carvana公司副總裁、總法律顧問兼秘書保羅·布羅克斯簽署，日期爲2024年1月16日。
Carvana Co. 已對其與Ally Bank和Ally Financial Inc.的財務協議進行了重大修訂。2024年1月11日，雙方修訂了第二份經修訂和重述的主買賣協議，該協議現在包括盟國承諾在2024年1月11日至2025年1月10日的一年內購買高達40億美元的汽車融資應收賬款。該修正案預計將對Carvana的財務業務產生重大影響。該修正案的細節已在向美國證券交易委員會提交的8-K表格中披露，該表格還將協議的第五修正案列爲附件。該文件由Carvana公司副總裁、總法律顧問兼秘書保羅·布羅克斯簽署，日期爲2024年1月16日。
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