Daishin Securities Issues KRW 100bn ELB Linked to KEPCO
Daishin Securities issues the 1069th series of low-risk equity-linked bonds (ELB) linked to KEPCO common stock, amounting to KRW 100 billion (10,000 won per security, 1 million units). (Offering restricted to retirement pension funds.)
Maturity is 546 days (November 5, 2027). The bond pays 3.581% p.a. if the underlying price rises 200% or more from initial, otherwise 3.580% p.a. (principal + interest guaranteed structure).
This security is not covered by the Deposit Insurance Act, is unlisted with low liquidity, and may incur losses upon early redemption.
Issuer (Daishin Securities) credit rating AA-, issuance date May 8, 2026. Issuance may be cancelled if total subscription is less than KRW 1 billion.
Theoretical fair value estimated at KRW 9,959.01 per 10,000 won face value (hedging costs not included).
Subscription is limited to retirement pension funds under the Employee Retirement Benefit Security Act.