Hanwha Investment & Securities completed the issuance of Hanwha Smart DLB No. 569 derivative-linked bonds worth 20 billion KRW with the registration statement effective on July 10 2026.
The bonds are linked to the 3-month Treasury bond rate with a 95-day maturity offering a pre-tax return of 3.31% to 3.32% per annum.
This unlisted product may incur principal loss upon early redemption; the issuer's credit rating is AA- indicating sound credit quality.
[AI Summary]The DLB issuance by Hanwha Investment & Securities is a debt financing without equity dilution impact on shareholders. Proceeds will be used for hedging and financial product investments reflecting routine operational funding. The issuer's strong credit rating mitigates default risk but the product carries inherent liquidity and structural risks.