Hyundai Motor Securities Issues 19.99 Billion Won 602nd Derivative-Linked Bond (Low Risk)
Hyundai Motor Securities issues the 602nd other derivative-linked bond (low risk) worth 19.99 billion won, with the underlying asset being USD/KRW reference rate and maturity on August 31, 2026.
The issue price per bond is 9,995 won (face value 10,000 won); it is an unlisted security and not protected by the Depositor Protection Act.
Hyundai Motor Securities has a credit rating of AA- (from Korea Ratings, Korean Credit Rating, and NICE Credit Rating).
Proceeds will be used for hedging transactions and investment in financial investment products.
The investment risk grade is 'low risk', but there is a possibility of principal loss, especially upon early redemption.
KOSPI Filing Information
Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)