Samsung Securities Finalizes Issuance of 10 Billion Won in 2926th Series Equity-Linked Bonds, No Shareholder Dilution
Samsung Securities has filed this additional registration statement to issue the 2926th series of Equity-Linked Bonds worth 10 billion won, under the existing shelf registration program. This routine funding does not dilute existing shareholders.
The bonds have a three-year maturity, principal protection, and are linked to the KOSPI200 index. The issuer's credit rating is AA+, reflecting strong financial standing. Proceeds will be used for hedging transactions in underlying assets and derivatives to ensure stable repayment.
In 2025, Samsung Securities reported net profit of 971.3 billion won on a separate basis, EPS of 10,877 won, and paid a cash dividend of 3,500 won per share. Its consolidated BIS ratio stood at 2,095%, indicating robust capital adequacy.
[AI Summary]The issuance of Samsung Securities' 2926th series Equity-Linked Bonds is a routine funding within existing limits, creating no new shares and thus no dilution for current shareholders. The strong AA+ credit rating, consolidated BIS ratio of 2,095%, and stable annual net profit of 971.3 billion won in 2025 underpin confidence in repayment capability. Investors should be aware of the potential for principal loss and issuer credit risk.