Vroom Emerges From Prepackaged Chapter 11

Vroom completes recapitalization and emerges from the prepackaged Chapter 11 case it voluntarily filed.

• Emerges without any long-term debt at Vroom, Inc., while its subsidiary, UACC, will continue to be obligated to debt related to asset-backed securitizations and their trust-preferred securities
• The unsecured convertible senior notes were converted entirely into equity
• NOTE: Nov. 18, Nearly All Vroom Convertible Note Holders Back Restructuring

To view the source of this information, click here

To contact the reporter on this story:
Jim Silver in New York at jsilver@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

© 2025 Bloomberg ...