Vroom Initiates Restructuring to Address Debt, Transforming $290M in Notes to Equity and Streamlining Finances

Vroom Initiates Restructuring to Address Debt, Transforming $290M in Notes to Equity and Streamlining Finances

Vroom, Inc., a leader in automotive finance and digital services, has entered a Restructuring Support Agreement (RSA) with most of its debt holders and its primary stockholder to tackle its debt challenges. This RSA will…