Hanwha Investment & Securities Issues KRW 10 Billion DLB Series 575 with Returns Linked to 3-Month Treasury Rate
Hanwha Investment & Securities has filed a supplementary registration for Hanwha Smart DLB Series 575 a non-listed derivative-linked bond worth KRW 10 billion.
The bond matures on November 4 2026 and offers an annual return of 3.33% if the 3-month Treasury bond rate exceeds 6% or 3.32% if it is 6% or below.
This unsecured bond is not protected by the depositor protection act and relies on the issuer's creditworthiness which is rated AA- by NICE.
Proceeds will be used for hedging and financial investment with no equity dilution for existing shareholders.
[AI Summary]This DLB issuance is a routine debt capital market activity with limited direct impact on shareholder value. Investors should be aware of the non-listed nature credit risk of the issuer and potential principal loss.
KOSPI Filing Information
Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)