Carvana Co. has entered into a transaction support agreement with the Carvana Group, Ernest Garcia II & III, and certain eligible note holders to collectively issue equity offerings of at least $350 million. As part of the agreement, they will also exchange existing unsecured notes for up to $4.376 billion of new senior secured notes; launch a cash tender offer for certain notes; and amend certain provisions in the indentures governing the existing notes.