Hanwha Investment & Securities has filed an additional registration statement for the issuance of Hanwha Smart DLB No. 573, a derivative-linked bond worth 20 billion KRW.
This DLB is linked to the 3-month Korean Treasury bond rate and offers a pre-tax annual return of 3.31% to 3.32% over a 94-day maturity.
The issuer has a stable AA- credit rating, and the proceeds will be used for hedging activities without diluting shareholder value.
[AI Summary]This 20 billion KRW DLB issuance is a routine funding activity for Hanwha Investment & Securities, with low credit risk given its AA- rating. No shareholder dilution occurs, and the use of funds for hedging limits the impact on shareholder value.
KOSPI Filing Information
Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)