Hanwha Investment & Securities issues KRW 19.99 billion of derivative-linked bonds (DLB) at an issue price of KRW 9,995 per bond (face value KRW 10,000).
Maturity of 3 months, underlying asset is USD/KRW exchange rate; pays 2.93% or 2.94% p.a. based on whether the final fixing is above 2,000 won.
These bonds are not protected by the Depositor Protection Act, are unlisted, have limited liquidity, and early redemption may result in principal loss.
Proceeds will be used for hedging and investment in financial instruments.