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Carvana and Consumer Portfolio Services have announced new pricing structures for debts on their books, with Carvana saying it will save millions in annual interest expenses. Tempe, Ariz.-based national car retailer Carvana on Aug. 12 said it closed a $1.66 billion senior secured term loan facility. The company, which did not specify the lenders, plans to use proceeds from the term loan plus cash on hand to redeem one […]
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David Thompson
David Thompson
David Thompson
