Hanwha Investment & Securities Issues KRW 10bn DLB (93-day maturity, max 3.18% p.a.)

Hanwha Investment & Securities publicly issues 'Hanwha Smart DLB No. 536' worth KRW 10bn (1,000,000 units, KRW 10,000 per unit).
Underlying asset: 3-month Korean Treasury bond rate; maturity 93 days (May 12, 2026 – Aug 13, 2026); subscription on May 12, 2026.
Redemption conditions: if underlying asset >6%, 3.18% p.a. (pre-tax); if ≤6%, 3.17% p.a.
Principal loss possible: early termination or early redemption at fair value (≥95% of fair value, ≥90% within first 6 months) may result in loss.
Issuer credit rating: AA- (NICE, Dec 5, 2025); unsecured, not covered by depositor protection.
The bond is unlisted, tradable only OTC, limited liquidity.