Hanwha Investment & Securities will publicly issue Hanwha Smart DLB Series 552 Derivative-Linked Bonds worth KRW 19.99 billion through subscription on June 12, 2026.
This DLB is linked to the USD/KRW benchmark rate. If the exchange rate on the maturity evaluation date is at least 2000 won, investors receive an annual return of 2.96%; otherwise, they receive 2.95% pre-tax.
The issue price is 9,995 won per bond, a discount of 5 won from the face value of 10,000 won. At maturity, principal and contracted interest are settled in cash.
Proceeds will be used for hedging transactions and financial investment products. The bonds are unlisted; early redemption is available at 95% or more of fair value (90% within 6 months) but may result in principal loss.
Subscriptions are limited to IBK Industrial Bank trust department. If total subscriptions fall below KRW 1 billion, the issuance may be canceled.
[AI Summary]The issuance of DLB Series 552 is a routine funding activity under the existing shelf registration and has a neutral impact on shareholder value. The amount is small with no equity dilution, and the product uses low-volatility underlying, thus not materially affecting near-term stock price.
KOSPI Filing Information
Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)