Coupang reduces revolver to $875 million, extends to February 2026

By Mary-Katherine Stinson

Lexington, Ky., Feb. 1 – Coupang, Inc. entered a fifth amendment to its revolving credit and guaranty agreement on Jan. 29, according to an 8-K filed with the Securities and Exchange Commission.

Effective Feb. 27, the amendment reduces the revolver commitments to $875 million and extends the maturity to Feb. 27, 2026.

It also designates certain of Coupang’s subsidiaries as unrestricted subsidiaries, including Surpique LP, a limited partnership established by Coupang and with certain funds managed and/or advised by Greenoaks Capital Partners, LLC, for the purpose of acquiring all of the business and assets of Farfetch Holdings plc.

As previously reported, Farfetch is set to be acquired by Coupang, Inc. as announced on Dec. 18.

Coupang is a global retailer with headquarters in Seattle.

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