Daishin Securities 1130th ELS Prospectus Effective: 100 Billion Won KEPCO-Linked Bond with 4% Annual Return
Daishin Securities announced on July 21, 2026 that the registration statement for its 1130th equity-linked derivative bond became effective.
The issuance totals 100 billion won, linked to KEPCO common stock, with a maturity of 546 days until January 21, 2028.
Investors receive an annual return of 4.000% or 4.001% depending on the underlying asset price at maturity; principal is protected.
Proceeds will be used for hedging and financial investments. The issuer Daishin Securities has a stable credit rating of AA-.
This ELS is not covered by deposit insurance and is not listed on an exchange, posing liquidity risk.
[AI Summary]Daishin Securities issues a 100 billion won KEPCO-linked ELS to raise hedge funds. The bond structure causes no equity dilution and maintains a solid AA- credit rating. Although classified as low-risk, investors should be aware of fair value fluctuations due to derivative nature and limited liquidity.