The company said a Carvana subsidiary, Ally Bank and Ally Financial Inc. (together, the "Ally Parties") amended the Second Amended and Restated Master Purchase and Sale Agreement on January 11, 2024 to reestablish a commitment by the Ally Parties to buy up to $4.0 billion of automotive finance receivables.

1. 01

   The company said a Carvana subsidiary, Ally Bank and Ally Financial Inc. (together, the "Ally Parties") amended the Second Amended and Restated Master Purchase and Sale Agreement on January 11, 2024 to reestablish a commitment by the Ally Parties to buy up to $4.0 billion of automotive finance receivables.

2. 02

   The company said the Ally Parties' automotive finance receivables purchase commitment applies to the period from January 11, 2024 to January 10, 2025.

3. 03

   The company said the amendment covers the Second Amended and Restated Master Purchase and Sale Agreement, and it filed Exhibit 10.1, the Fifth Amendment to the Second Amended and Restated Master Purchase and Sale Agreement.

4. 04

   The company said portions of Exhibit 10.1 were omitted under Regulation S-K Item 601(b)(10)(iv), and it will furnish an unredacted copy to the SEC upon request.

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Original filing

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