{"schema_version":"secwatch.filing_event.v1","accession":"0001834584-25-000106","form_type":"8-K","ticker":"CPNG","cik":"0001834584","company_name":"Coupang, Inc.","filed_at":"2025-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.028033+00:00","generated_at":"2026-05-19T22:40:26.761695+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Coupang enters $1.5B unsecured revolving credit facility, replacing prior facility.","bullets":["New $1.5B unsecured revolving credit facility, five-year term, extendable up to two additional one-year terms.","Interest rate spreads: 0.75% to 1.25% over benchmark (Term SOFR etc.) depending on debt ratings; alternate base rate 0.00%-0.25%.","Unused commitment fee 0.065% to 0.175% based on ratings; proceeds for working capital and general corporate purposes.","Prior $1.5B revolving credit facility from February 2021 terminated concurrently.","Administrative agent JPMorgan; joint lead arrangers include Goldman Sachs, HSBC, DBS, Bank of America, Morgan Stanley, Mizuho, Citibank, MUFG."],"urls":{"canonical":"https://secwatch.observer/filing/0001834584-25-000106","json":"https://secwatch.observer/filing/0001834584-25-000106.json","markdown":"https://secwatch.observer/filing/0001834584-25-000106.md","text":"https://secwatch.observer/filing/0001834584-25-000106.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/0001834584-25-000106-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/cpng-20250602.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T22:40:26.761695+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5c6b25b270ae017fff42fb12966a7a1d590df79e","claim":"Coupang, Inc. incurred revolving credit of up to $1.5 billion with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR, EURIBOR, HIBOR, TIBOR, or SONIA plus an applicable margin ranging fro maturing five years.","evidence_excerpt":"facility. The Credit Agreement provides Coupang and certain of its subsidiaries with a syndicated, unsecured revolving credit facility with a total borrowing capacity of up to $1.5 billion. The term of the Credit Agreement is five years, but it may be extended on up to two occasions for additional one-year terms if approved by the lenders. Borrowings under the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/0001834584-25-000106-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $1.5 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR, EURIBOR, HIBOR, TIBOR, or SONIA plus an applicable margin ranging fro"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}