Daishin Securities Confirms Issuance of Series 431 DLS Worth 20 Billion KRW with 184-Day Maturity and 4.0% Annual Return
Daishin Securities will issue Series 431 other derivative-linked bonds DLS worth 20 billion KRW on July 27, 2026. The maturity is 184 days until January 27, 2027, with an annual return of 4.0% linked to 3-month treasury bond rate.
These unlisted unsecured bonds are not protected by the depositor protection act and carry principal loss risk. The issuer's credit rating is AA-, indicating stability.
Proceeds will be used for hedging transactions and financial investments. No dilution of existing shareholders occurs.
[AI Summary]The 20 billion KRW DLS issuance by Daishin Securities is a debt instrument with no equity dilution and high issuer creditworthiness, but investors should note low liquidity due to non-listing and potential principal loss.