Item 1.01 Entry into a Material Definitive Agreement.

On June 29, 2021, a subsidiary of Carvana Co. (the "Company"), Ally Bank, and Ally Financial (together "Ally") amended the Second Amended and Restated Inventory Financing and Security Agreement (the "Floor Plan Facility") to (i) increase the line of credit to $1.75 billion, and (ii) amend the LIBOR-based interest rate to a substantially similar rate tied to a prime rate, in advance of the cessation of LIBOR.

The foregoing description of the amendment to the Floor Plan Facility is qualified in its entirety by reference to the complete text of the amendment, filed as Exhibit 10.1 hereto.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.

Exhibit No.        Description

  10.1               Second Amendment to Second Amended and Restated Inventory Financing and
                   Security Agreement    .

                   Cover Page Interactive Data File - the cover page XBRL tags are embedded within
101                the Inline XBRL document.

104                The cover page from the Current Report on Form 8-K, formatted as Inline XBRL.



--------------------------------------------------------------------------------

© Edgar Online, source Glimpses