DAISHIN SECURITIES Reports Issuance Performance for Series 1122 Equity-Linked Bond - Low Subscription Rate
DAISHIN SECURITIES reported the issuance performance for its Series 1122 Equity-Linked Bond on July 16, 2026.
The actual subscription amount of 338.54 million KRW accounted for only 3.39% of the planned 10 billion KRW, indicating weak demand.
All subscribed amounts were fully allocated and the proceeds will be used for hedging the underlying asset.
The bond is unlisted with a 547-day maturity and principal-protected structure linked to KEPCO common stock.
[AI Summary]This small issuance is a routine hedging operation for product management with negligible impact on shareholder value or financial structure.