BlackRock, Knighthead among Carvana’s other key creditors
Apollo, PIMCO and Ares entered into a creditor truce Wednesday
The future of Carvana rests with investment firms including BlackRock, Ares Management and Knighthead Capital Management, as well as Apollo Global Management and Pacific Investment Management Co. (PIMCO), as the embattled automotive retailer looks to overcome excess cash burn amid slowing used-vehicle sales and profitability woes. BlackRock, Ares and Knighthead are among other investment firms […]
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