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BRIEF-Carvana Announces Private Placement Of Class A Convertible Preferred Stock
December 4, 2017 / 1:41 PM / 8 days ago

BRIEF-Carvana Announces Private Placement Of Class A Convertible Preferred Stock

Dec 4 (Reuters) - Carvana Co:

* CARVANA ANNOUNCES PRIVATE PLACEMENT OF CLASS A CONVERTIBLE PREFERRED STOCK

* CARVANA CO - ‍ENTERED INTO AN AGREEMENT TO RAISE $100 MILLION OF CLASS A CONVERTIBLE PREFERRED STOCK IN A PRIVATE PLACEMENT WITH DUNDON CAPITAL PARTNERS​

* CARVANA CO - ‍CARVANA INTENDS TO USE PROCEEDS TO DRIVE GROWTH, INCLUDING EXPANDING ITS OFFERING TO MORE CUSTOMERS ACROSS COUNTRY​

* CARVANA CO - WILL RAISE PROCEEDS THROUGH ISSUANCE AND SALE OF 100,000 SHARES OF NEWLY CREATED SERIES OF CLASS A CONVERTIBLE PREFERRED STOCK Source text for Eikon: Further company coverage:

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