Cazoo (CZOO) Noteholders Voluntarily Extend Lock-Up Period

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Go back to Cazoo (CZOO) Noteholders Voluntarily Extend Lock-Up Period

Cazoo Noteholders Voluntarily Extend Lock-Up Period

November 10, 2022 8:00 AM EST

LONDON & NEW YORK--(BUSINESS WIRE)-- Cazoo Group Ltd (NYSE: CZOO) (Cazoo or the Company), the UKs leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces that holders (Noteholders) of 96% of its $630 million of 2.00% Convertible Senior Notes due 2027 (the Convertible Notes) have voluntarily elected to enter into extensions of their lock-up agreements with the Company as a sign of their continued support of the business.

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