Hanwha Investment & Securities Completes Issuance of Hanwha Smart DLB No.561 Raising 4.03 Billion Won Below Target
Hanwha Investment & Securities submitted a Securities Issuance Performance Report on June 30, 2026 for Hanwha Smart DLB No. 561 derivative-linked bonds.
The total planned offering was 10 billion KRW, but actual subscriptions were only 4.03 billion KRW, achieving 40.3% of the target.
The bond is linked to the 3-month Korean Treasury bond rate with a maturity date of October 1, 2026, offering a pre-tax return of 3.25% to 3.26% per annum depending on the underlying level at maturity.
Proceeds will be used for hedging of early and final redemption amounts and for operating similar securities and derivatives.
[AI Summary]This DLB issuance is a small-scale debt raising with minimal impact on Hanwha Investment & Securities capital structure and shareholder value. The low subscription rate relative to the planned amount reflects the product's limited retail demand rather than any fundamental concern.