DAISHIN SECURITIES completed the issuance of ELB 1109 on June 29, 2026, raising KRW 8.16 billion, only 40.8% of the planned KRW 19.98 billion.
The 365-day non-listed bond is linked to the S&P 500 index, and the proceeds will be used for hedging operations.
The subscription rate was low at 40.8%, but it exceeded the cancellation threshold of KRW 1 billion, so the issuance proceeded normally.
[AI Summary]This small-scale ELB issuance has no equity dilution effect. The funds are limited to hedging use and do not indicate growth. It is considered routine funding for a highly credible major securities firm.