Exhibit 99.1
**** JPM LOAN LAUNCH – Farfetch**** | ||
COMPANY: | Farfetch Limited | |
BORROWER: | Farfetch US Holdings, Inc. | |
BUSINESS: | Farfetch is the leading global online platform for the luxury fashion industry, connecting creators, curators and consumers | |
UOP: | General corporate purposes, working capital and funding of transaction fees and expenses | |
FACILITY: | $400MM First Lien Cov-lite Term Loan B | |
TENOR: | 5 years | |
PRICING: | S+600-625 bps, 0.5% floor @ 95 OID | |
CALL FEATURE: | NC1, 103, par | |
RATINGS (M/SP/F): | TBD | |
ADMIN AGENT: | JP Morgan Chase Bank, N.A. | |
TIMING: | Lender call Tuesday 9/20 @ 10AM NYT Deadline Tuesday 9/27 @ 12PM NYT |