ISTANBUL, March 21, 2025 (WORLD NEWSWIRE)– D-MARKET Electronic Provider & & Trading (d/b/a “Hepsiburada”) HEPS, a leading Turkish e-commerce platform, today revealed the 3rd bond issuance of its indirect entirely owned subsidiary, Hepsi Finansman A.Ş. (” Hepsifinans”), at a small worth of shot 100 million.
More to our disclosure in a report on Type 6-K provided on September 11, 2024 relating to the Capital Markets Board’s approval of Hepsifinans’s issuance of bonds or costs with an overall aggregate principal quantity of approximately shot 1,050,000,000 in several tranches within one year, Hepsiburada reveals that Hepsifinans closed its 3rd bond issuance to domestic certified financiers on March 4, 2025. The bonds have an aggregate principal quantity of shot 100 million with a six-month maturity. The bonds will accumulate interest at a rate of 43.00% per year. The principal and the voucher of the bonds will be paid back at maturity. Hepsifinans will utilize the funds raised to sustainably grow its customer financing company.
Positive Declarations
This news release consists of positive declarations within the significance of Area 27A of the Securities Act of 1933, as changed, Area 21E of the Securities Exchange Act of 1934, as changed and the Safe Harbor arrangements of the United States Personal Securities Lawsuits Reform Act of 1995, and incorporates all declarations, besides declarations of historic reality included in this news release. These positive declarations can be recognized by terms such as “may,” “could,” “will,” “anticipates,” “prepares for,” “objectives,” “future,” “plans,” “strategies,” “thinks,” “price quotes,” “targets,” “most likely to” and comparable declarations. These positive declarations are based upon management’s present expectations. Nevertheless, it is not possible for our management to anticipate all threats, nor can we evaluate the effect of all aspects on our company or the level to which any aspect, or mix of aspects, might trigger real outcomes to vary materially from those included in any positive declarations we might make. These declarations are neither guarantees nor warranties however include recognized and unidentified threats, unpredictabilities and other essential aspects and scenarios that might trigger Hepsiburada’s real outcomes, efficiency or accomplishments to be materially various from its expectations revealed or indicated by the positive declarations, consisting of conditions in the U.S. capital markets, unfavorable worldwide financial conditions, prospective unfavorable advancements arising from upsurges or natural catastrophes, other unfavorable advancements in Hepsiburada’s company or undesirable legal or regulative advancements. We warn you for that reason versus depending on these positive declarations, and we certify all of our positive declarations by these cautionary declarations. For a conversation of extra aspects that might impact the result of such positive declarations, see our 2023 yearly report submitted with the SEC on Type 20-F on April 30, 2024 (Commission File Number: 001-40553), and in specific the “Danger Aspects” area, in addition to the other files submitted with or provided to the SEC by Hepsiburada from time to time. Copies of these filings are readily available online from the SEC at www.sec.gov, or on the SEC Filings area of our Financier Relations site at https://investors.hepsiburada.com. These and other essential aspects might trigger real outcomes to vary materially from those shown by the positive declarations made in this news release. Any such positive declarations represent management’s price quotes since the date of this news release. These forward looking declarations need to not be trusted as representing Hepsiburada’s deem of any date subsequent to the date of this news release. All positive declarations in this news release are based upon info presently readily available to Hepsiburada, and Hepsiburada and its authorized agents presume no responsibility to upgrade these positive declarations due to brand-new info or future occasions. Appropriately, excessive dependence must not be positioned upon the positive declarations.
About Hepsiburada
Hepsiburada is a leading e-commerce innovation platform in Türkiye, running through a hybrid design that integrates first-party direct sales (1P) and a third-party market (3P) with around 100 thousand merchants.
With its vision of leading the digitalization of commerce, Hepsiburada functions as a dependable, ingenious and purpose-driven buddy in customers’ lives. Hepsiburada’s e-commerce platform uses a broad environment of abilities for merchants and customers consisting of last-mile shipment, fulfilment services, marketing options, cross-border sales, payment services and price options. Hepsiburada’s incorporated fintech platform, Hepsipay, supplies safe and secure payment options, consisting of digital wallets, general-purpose loans, purchase now pay later on (BNPL) and one-click checkout, improving shopping benefit for customers throughout online and offline while driving greater sales conversions for merchants.
Considering that its starting in 2000, Hepsiburada has actually been purpose-driven, leveraging its digital abilities to empower females in the Turkish economy. In 2017, Hepsiburada introduced the ‘Innovation Empowerment for Women Business owners’ program, which has actually supported almost 57.5 thousand female business owners throughout Türkiye in reaching countless consumers.
Financier Relations Contact
ir@hepsiburada.com
Media Contact
corporatecommunications@hepsiburada.com
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