Hanwha Investment & Securities' prospectus for Hanwha Smart DLB No. 564, a KRW 20 billion derivative-linked bond, became effective on July 3, 2026.
This product is linked to the 3-month Treasury bond rate and offers a principal-protected structure with an annual return of 3.31% to 3.32% over a 3-month maturity.
The issuer has a credit rating of AA-, and the proceeds will be used for hedging transactions and investment in financial products.
The bond is unlisted, and early redemption may result in principal loss. It is not protected by the Depositor Protection Act.
[AI Summary]This DLB issuance is a short-term funding operation for hedging purposes with limited impact on shareholder value. With a high credit rating and no equity dilution, the overall impact is neutral.