Hepsiburada's Hepsifinans Announces Third Bond Issuance of TRY 100 Million At 43% Annual Interest Rate, Maturing In 6-Months To Grow Consumer Finance Business

D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ:HEPS), a leading Turkish e-commerce platform, today announced the third bond issuance of its indirect wholly owned subsidiary, Hepsi Finansman A.Ş. ("Hepsifinans"), at a nominal value of TRY 100 million.

Further to our disclosure in a report on Form 6-K furnished on September 11, 2024 regarding the Capital Markets Board's approval of Hepsifinans's issuance of bonds or bills with a total aggregate principal amount of up to TRY 1,050,000,000 in one or more tranches within one year, Hepsiburada announces that Hepsifinans closed its third bond issuance to domestic qualified investors on March 4, 2025. The bonds have an aggregate principal amount of TRY 100 million with a six-month maturity. The bonds will accrue interest at a rate of 43.00% per annum. The principal and the coupon of the bonds will be repaid at maturity. Hepsifinans will use the funds raised to sustainably grow its consumer finance business.