secwatch.observer — SEC 8-K summary
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Issuer:     Coupang, Inc. (CPNG)
CIK:        0001834584
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001834584-25-000106
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/0001834584-25-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834584/000183458425000106/cpng-20250602.htm
  HTML page:      https://secwatch.observer/filing/0001834584-25-000106

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