Daishin Securities 1114th Equity-Linked Derivative Bond 15 Billion KRW Becomes Effective, Low-Risk Structure with 3.95% Annual Maturity Yield
Daishin Securities' registration statement for the 1114th Equity-Linked Derivative Bond became effective on June 30, 2026, with subscription closing on July 3, 2026.
The issuance totals 15 billion KRW with a 1-year maturity low-risk structure linked to KEPCO common stock.
At maturity, investors receive an annual return of 3.950% or 3.951% depending on the underlying asset price, with no principal loss risk.
The proceeds will be used for hedging transactions and financial investments; there is no equity dilution.
The issuer Daishin Securities has a credit rating of AA-, but the product is not protected by the Deposit Insurance Act.
[AI Summary]Daishin Securities' 15 billion KRW low-risk derivative bond issuance is for stable funding with no capital change, limited impact on shareholder value. Credit rating AA- indicates reliability, but investor protection is low.