Hanwha Investment & Securities Issues KRW 20 Billion Principal-Protected DLB with No Shareholder Dilution and Stable Funding
Hanwha Investment & Securities will issue the Hanwha Smart DLB No. 559 derivative-linked bond worth KRW 19.99 billion on June 26, 2026. This 94-day short-term product offers principal protection with an annual return of 3.07% or 3.08% linked to the USD/KRW exchange rate.
The issue price is KRW 9,995 per bond with a face value of KRW 10,000, totaling 2 million bonds. The bonds are unlisted, limiting liquidity. Proceeds will be used for hedging and financial investment, consistent with the company's normal operations.
Hanwha Investment & Securities holds a stable credit rating of AA-. The issuance does not dilute existing shareholders. However, investors face risks including potential principal loss upon early redemption and issuer credit risk.
[AI Summary]Hanwha Investment & Securities issues a KRW 20 billion principal-protected DLB with no shareholder dilution and a strong AA- credit rating. Investors should note the low yield and limited liquidity.