Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Indonesian Retail - The War of the Worlds Has Begun - Alibaba to Invest in Tokopedia (Part 1)

Equity Bottom-Up

Alibaba Group Holding  / Equity Bottom-Up

<ul>
<li>It was reported in the local Korean media that Coupang borrowed 300 billion won (US$267 million) from Goldman Sachs SSG (Special Situations Group). The terms of the deal look very favorable to Goldman Sachs SSG. This loan is backed by Coupang's inventory and logistics center assets which are valued at 500 billion won. An LTV of 60% was applied to this asset to derive the 300 billion loan amount. </li>
<li>
<strong>Goldman Sachs SSG structured this loan into two separate parts - a 4% interest bearing senior secured</strong>…</li>
</ul>


It was reported in the local Korean media that Coupang borrowed 300 billion won (US$267 million) from Goldman Sachs SSG (Special Situations Group). The terms of the deal look very favorable to Goldman Sachs SSG. This loan is backed by Coupang's inventory and logistics center assets which are valued at 500 billion won. An LTV of 60% was applied to this asset to derive the 300 billion loan amount. 

Goldman Sachs SSG structured this loan into two separate parts - a 4% interest bearing senior secured…


Coupang Borrows 300 Billion Won from Goldman Sachs SSG