DB Securities Issues KRW 4.98B Principal-Protected ELB Linked to KOSPI200, Fixed 3.58% Return at Maturity
DB Securities will publicly offer KRW 4.98 billion of KOSPI200-linked equity-linked bonds (ELB) with subscription on June 19, 2026. Issue price per bond is KRW 9,960, total 500,000 bonds.
The product has a principal-protected structure guaranteeing at least 103.58% of principal at maturity. If the underlying never exceeds 120% of initial level and the final level is between 100% and 120%, an additional return (participation rate 15%) is paid. Maximum return is 6.58%.
This security is not protected by the Depositor Protection Act, is not listed, and has limited liquidity. Early redemption may incur principal loss. The issuer's credit rating is A+ (stable) from three agencies including NICE.
Proceeds will be used for hedging transactions in underlying assets and derivatives. Issuance may be canceled if total subscription is below KRW 100 million.
KOSPI200 index historical high (20yr): 1,298.86 pt (2026.5.27), low: 123.27 pt (2008.10.24), 6-month volatility: 46.75%.
[AI Comprehensive Analysis]This disclosure represents a routine ELB issuance by DB Securities, having no direct impact on enterprise value, thus rated neutral. Investors should be aware of issuer credit risk and liquidity constraints, noting that the product is not deposit-protected.