Coupang Inc. has entered into a new five-year revolving credit agreement with JPMorgan Chase Bank, N.A., acting as the administrative agent, and other lenders. This new credit facility replaces a previous agreement from February 2021 and provides Coupang and its subsidiaries with a borrowing capacity of up to $1.5 billion. The agreement includes the possibility of two one-year extensions, subject to lender approval. Borrowings will be used for general corporate purposes and working capital. The interest rate on these borrowings is determined by applicable benchmark rates plus a margin, which varies based on Coupang's debt ratings. The agreement includes customary covenants and conditions, with potential for immediate repayment and termination upon default.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。