DB Securities to Issue Three ELB Series Total USD 29.94 Million Linked to Samsung Electronics - Principal Protection Feature and A+ Credit Rating
DB Securities announced the public offering of three series of Equity-Linked Bonds ELB namely DB Safe 894 to 896 totaling USD 29.94 million effective July 8 2026 under a shelf registration statement.
Each series is linked to Samsung Electronics common stock with maturities on October 20 2026 January 20 2027 and July 20 2027 offering pre-tax yields from 3.74% to 4.40% with principal protection at maturity.
The bonds are unlisted not covered by depositor protection and early redemption may result in principal loss.
The issuer DB Securities holds A+ stable credit ratings from NICE Investors Service Korea Ratings and Korea Investors Service as of late May to early June 2026.
Proceeds will be used for hedging transactions in underlying assets and derivatives.
[AI Summary]This ELB issuance does not dilute existing shareholders as it is debt financing and benefits from the issuer's solid A+ credit rating. However investors should be mindful of credit risk exchange rate risk and limited liquidity inherent in the product.