Daishin Securities Issues 1088th ELB Worth 20 Billion Won
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Daishin Securities decides to issue '1088th Equity-Linked Derivative Bond (Low Risk)' linked to S&P500
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Offering size: 19.97 billion won (issuance may be cancelled if total subscription is less than 1 billion won)
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Maturity: 184 days; annual return 3.00% (3.01% if S&P500 exceeds 500% of initial strike)
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Underlying: S&P500 index; cash settlement at maturity (principal + interest); historical simulation shows 100% probability of 3.00% annual return
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Unlisted; early redemption at 95%+ of fair value (90%+ within first 6 months) but may incur principal loss
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Not covered by deposit insurance; issuer credit rating AA- (Korea Ratings, NICE, Korea Corporate Rating)
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Subscription period: May 11, 2026; payment date and issuance date same day
KOSPI Filing Information
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Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
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Company: DAISHIN SECURITIES (003540)
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Submission: DAISHIN SECURITIES CO.,LTD
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Receipt: 04-30-2026