DAISHIN SECURITIES Reports Issuance Results for 1115th ELB
DAISHIN SECURITIES disclosed the issuance results of its 1115th equity-linked derivative bond low-risk through a Securities Issuance Performance Report on July 10, 2026.
The bond is linked to common shares of Korea Electric Power Corporation with face value 10,000 won, maturity 364 days, and an annual yield of approximately 3.95%.
Originally planned to raise 25 billion won, actual subscriptions totaled only 3.12951 billion won, representing 12.52% of the target, indicating weak demand.
The proceeds, after issuance costs of 156,470 won, will be fully used for hedging transactions.
[AI Summary]The issuance of the 1115th ELB showed a low subscription rate, but as a debt financing, there is no dilution for existing shareholders. The use of funds for hedging limits direct contribution to profitability. Overall impact on the stock price is neutral.