DB Securities Issues KRW 2 Billion in 134th Series DLB… Stable Fundraising and Hedging Purpose
DB Securities will issue 'DB Dream Big 134th Series Other Derivative-Linked Bond (DLB) Grade 5 (Low Risk)' on June 5, 2026 with a total offering of KRW 2 billion (200,000 securities at KRW 10,000 per security).
The underlying asset is the 3-month Korean Treasury bond rate. At maturity, if the underlying rises 10% or more from the initial strike, a pre-tax return of 6.01% p.a. is paid; if less than 10%, 6.00% p.a. – a principal-protected structure.
Issuance costs are KRW 100,000 (0.0005% of the offering), resulting in net proceeds of approximately KRW 1,999.9 million.
The offering is a public subscription limited to DB Securities' digital new/dormant customers. If total subscriptions fall below KRW 100 million, the issuance may be cancelled.
Proceeds will be used for hedging transactions in underlying assets and over-the-counter derivatives to ensure stable repayment capacity.
DB Securities maintains an A+ (stable) credit rating from all major agencies (Korea Ratings, NICE Ratings, Korea Corporate Rating).
[AI Comprehensive Analysis]This filing represents routine fundraising activity for DB Securities. Given the small size and strong credit rating, the impact on shareholder value is limited. Investors should note that this product is not covered by deposit insurance and involves issuer credit risk and potential principal loss upon early redemption.
KOSPI Filing Information
Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)