Mirae Asset Securities Reports Actual DLB Issuance Result of Only 0.123 Billion KRW, Far Below Planned 300 Billion
Mirae Asset Securities confirmed the actual issuance results of its DLB series 1483, 1484, and 1485 through a Securities Issuance Performance Report filed on July 2, 2026.
The originally planned 300 billion KRW offering was dramatically undersubscribed, with total proceeds of only 123 million KRW across the three series: 66 million, 10 million, and 47 million KRW respectively.
All funds raised will be used for hedging purposes. As these are non-equity-linked debt instruments, there is no dilution risk for existing shareholders.
The issuer maintains a stable AA credit rating. This issuance is a routine treasury operation with no impact on the company's capital structure or shareholder return policies.
[AI Summary]Mirae Asset Securities' DLB issuance performance report shows a subscription rate far below initial expectations, but this debt financing has no bearing on existing shareholder value. The tiny proceeds less than 0.001% of market cap and the hedging use of funds make the event neutral to corporate value. The AA-rated issuer presents low governance risk, limiting any material impact on investors.