---
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"
generated_at: "2026-05-19T22:40:26.761695+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Coupang enters $1.5B unsecured revolving credit facility, replacing prior facility.

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001834584-25-000106
- JSON: https://secwatch.observer/filing/0001834584-25-000106.json
- Plain text: https://secwatch.observer/filing/0001834584-25-000106.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: up to $1.5 billion
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: Term SOFR, EURIBOR, HIBOR, TIBOR, or SONIA plus an applicable margin ranging fro
  - Maturity: five years
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/0001834584-25-000106-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.