Carvana to amend securitization structure | Auto Finance News | Auto Finance News

Carvana to amend securitization structure

Photographer: Laura Buckman/Bloomberg

Carvana will adopt a two-shelf securitization structure in 2020, said Chief Financial Officer Mark Jenkins during the company’s Feb. 26 earnings call. The online retailer utilized a one-shelf structure last year. The Tempe, Az.-based lender first entered the secondary market in March 2019 with a $350 million transaction, and followed again in June, September and […]

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