Hepsiburada Announces The First Bond Issuance Of Hepsifinans, At A Nominal Value Of TRY250 Million.
Portfolio Pulse from Benzinga Newsdesk
Hepsiburada's subsidiary, Hepsifinans, has issued its first bond at a nominal value of TRY 250 million, with a six-month maturity and a 51.50% annual interest rate. The funds will support the growth of its consumer finance business.
October 10, 2024 | 8:32 pm
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Hepsiburada's subsidiary, Hepsifinans, has successfully issued its first bond worth TRY 250 million. This move is aimed at supporting the growth of its consumer finance business, potentially enhancing Hepsiburada's financial position.
The bond issuance by Hepsifinans is a strategic move to raise capital for expanding its consumer finance operations. This could lead to increased revenues and financial stability for Hepsiburada, positively impacting its stock price.
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