DB Securities Issues 3 Billion KRW in 87th Series ELB Linked to KOSPI200 with Low Risk and Principal Protection
DB Securities is issuing the 87th series DB Dream Big ELB with a low risk rating of 5, raising 3 billion KRW.
The underlying asset is the KOSPI200 index; if the final valuation price is below 500% of the initial strike, investors receive an annual return of 3.15% before tax.
Proceeds will be used for hedging and investment in financial products, with no dilution to existing shareholders.
[AI Summary]This 3 billion KRW ELB issuance by DB Securities is a debt financing without shareholder dilution, with funds allocated for hedging and operational purposes. Despite a low risk rating and A+ credit rating, investors should note the unlisted nature, limited liquidity, and issuer credit risk.