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Restructuring deal at the online used automobile marketplace shows debt talks do not need to be a car crash
Online used car seller, a perennial loss maker, turns corner for now
Company tries to drum up support from bondholders carrying $6bn of paper for move that would reduce interest bill
Credit investor had profited on Hertz trade but is nursing a $400mn paper loss on latest car market wager
Dealer’s shares plummet as interest rates rise and stress builds on US consumers
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