Samsung Securities Issues 45 Billion Won in Principal-Protected Equity-Linked Bonds Linked to KT Stock for Hedging
Samsung Securities is publicly offering three series of equity-linked derivative bonds linked to KT common stock with a total issue amount of 45 billion won.
Each series amounts to 15 billion won with maturities of 3 months, 6 months, and 1 year respectively, offering principal protection and maximum yields ranging from 2.84% to 3.16% per annum.
The proceeds will be used entirely for hedging activities including underlying asset trading and over-the-counter derivatives, focusing on operational stability rather than capital growth.
The issuer holds an AA+ credit rating, but the product is not covered by deposit protection and carries principal loss risk if the issuer defaults.
In February 2026, Samsung Securities decided to cancel 890,000 treasury shares, continuing its shareholder return policy.
[AI Summary]Samsung Securities issued 45 billion won in principal-protected equity-linked DLS linked to KT to raise hedging funds. This product sale based on issuer credit aims to generate fee income without diluting existing shareholders. Despite the AA+ credit rating, investors should be aware of potential principal loss upon early redemption and liquidity constraints due to the unlisted nature of the bonds.