Hanwha Investment & Securities Files Supplement for 10 Billion KRW Hanwha Smart DLB Series 571
This shelf registration supplement is filed for the issuance of 10 billion KRW in derivative-linked bonds linked to the 3-month Korean government bond yield.
The bonds offer principal protection at maturity with an annual return of 3.32% to 3.33% depending on the underlying rate.
Hanwha Investment & Securities, rated AA-, will use the proceeds for hedging and financial investment.
The bonds are unlisted and not covered by deposit insurance, limiting liquidity.
[AI Summary]Hanwha Investment & Securities' AA- credit rating supports this principal-guaranteed derivative bond with no dilution risk. The funds are allocated to hedging and investment, reflecting prudent capital management. However, the unlisted nature poses liquidity risk for investors.
KOSPI Filing Information
Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)