DB Securities Prospectus for 4.98 Billion KRW Series 900 ELB Becomes Effective - Minimum 104.29% Principal Repayment Structure
DB Securities announced that the securities registration statement for its 900th series Equity-Linked Bond ELB risk grade 4 moderate risk became effective on July 9, 2026.
The offering totals 4.98 billion KRW with 500,000 securities issued at 9,960 KRW per security versus a par value of 10,000 KRW. The underlying asset is the KOSPI200 index and maturity is January 31, 2028.
This product is an unlisted unsecured bond not covered by the Depositor Protection Act and may incur principal loss upon early redemption. The return structure guarantees a minimum 4.29% at maturity with a potential maximum of 9.29% depending on the performance of the underlying asset.
DB Securities' credit rating is A+ stable from NICE and KIS, and A+ stable from KIS. The proceeds will be used for hedging and investment in financial products.
[AI Summary]DB Securities' Series 900 ELB issuance is a small-scale debt offering with no dilution to existing shareholders. While the risk of principal loss is low, liquidity is limited and early redemption may result in loss. The issuer's A+ credit rating is solid, but investors should understand the product's risk profile.