DB Securities Issues KRW 3 Billion Principal-Protected ELB (Safe 5390)
DB Securities (credit rating A+/stable) issues KRW 3 billion equity-linked bond (ELB) linked to Samsung Electronics common stock. Subscription period: until 14:30 on 2026.05.08, maturity: 2027.05.07.
Principal-protected product (grade 5, low risk) with maturity yield of 3.410%~3.411% p.a. Pays 3.411% if underlying closes at 500%+ of initial price, else 3.410%.
Issuer allows early redemption upon investor request (penalty of 1%p deduction, waived for specific retirement fund reasons). Early redemption may incur principal loss.
Subscription limited to investors individually notified by DB Securities (restricted to retirement pension funds). Minimum subscription KRW 10,000, maximum KRW 3 billion. Issuance may be canceled if total subscription < KRW 500 million.
Not protected by deposit insurance; unlisted. Credit risk of issuer exists. Issue price KRW 10,000, fair value KRW 9,957.41 (slight premium).