Carvana gets $1.6 billion junk bond offer from Apollo to help finance Adesa deal

Carvana gets $1.6 billion junk bond offer from Apollo to help finance Adesa deal

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Carvana raised nearly $3.3 billion through the junk bond sale, which will finance its acquisition of Adesa Inc.’s U.S. car-auction business and improvements across 56 of its sites.

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