Newegg Closes $100 Million Senior Credit Facility Led by East West Bank
Business Wire•20/10/2026•17:00 ET
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Key Highlights
- ➤Newegg closes $100 million senior credit facility led by East West Bank
- ➤New facility replaces and expands prior credit arrangements maturing in August 2026
- ➤Financing supports Newegg’s e-commerce innovation and AI-enabled capabilities
Expert Statements
Christina Ching, Chief Financial Officer of Newegg
“Closing this new facility is an important step for Newegg in further strengthening our financial position and provides us with greater flexibility to navigate ongoing supply dynamics while we continue to invest in growth. We appreciate the commitment and partnership from East West Bank and the rest of our lending group, and the confidence they have shown in Newegg”
Newegg Closes $100 Million Senior Credit Facility Led by East West Bank
Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, is pleased to announce the successful closing of a $100 million senior credit facility led and arranged by East West Bank with participation from a syndicate of lenders. This facility replaces and expands the company’s prior credit arrangements, which matured in August 2026.
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