Cravath has played a key role in facilitating a significant financial arrangement for Coupang, Inc. The law firm represented the administrative agent, joint lead arranger, and joint bookrunner in connection with a $1.5 billion revolving credit facility provided to Coupang. This company is known globally for its technology and commerce services, which include retail, restaurant delivery, video streaming, and fintech offerings under various brands such as Coupang, Coupang Eats, Coupang Play, and Farfetch. The transaction was finalized on June 2, 2025.
The Cravath team involved in this transaction comprised partner Tatiana Lapushchik along with associates Abhilasha Gokulan and Jennie Young Carr who focused on banking matters. Partner Andrew T. Davis and associate Jonathan Minion handled tax-related issues while associate H. Bianca Hsing dealt with executive compensation and benefits matters.