D-Market (HEPS) has released an update.
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D-Market Electronic Services & Trading, operating as Hepsiburada, a leading Turkish e-commerce company, has announced the second issuance of asset-backed securities, totaling TRY 350 million, to support the growth of its Buy Now Pay Later (BNPL) services. The securities have an average maturity of 84 days and an annual interest rate of 51.00%. This strategic financial move is aimed at enhancing Hepsiburada’s working capital and sustaining its BNPL business expansion.
For further insights into HEPS stock, check out TipRanks’ Stock Analysis page.
