DAISHIN SECURITIES Issues 250 Billion KRW in Three ELB Series: Principal-Protected Equity-Linked Bonds for Funding
DAISHIN SECURITIES announced the issuance of three Equity-Linked Bond (ELB) series (173rd, 174th, 175th) totaling 250 billion KRW on June 1, 2026.
The 173rd series (KRW 100 billion) has a 183-day maturity with a fixed annual yield of 3.40%-3.41%, linked to KOSPI200 and principal-protected.
The 174th series (KRW 100 billion) has a 365-day maturity with a fixed annual yield of 3.60%-3.61%, same principal protection.
The 175th series (KRW 50 billion) has a 730-day maturity, paying monthly coupons at 4.00%-4.01% annually, with principal repaid at maturity.
Issuer credit rating is AA-, and the bonds are not listed on an exchange nor covered by depositor protection.
Proceeds will be used for hedging and investment in financial products, with no dilution of existing shareholders.
[AI Summary]This routine funding issuance of KRW 250 billion in ELBs does not directly impact shareholder equity or dividends, making it a neutral event for the stock price.