Hyundai Motor Securities Issues USD 20M DLB (Ordinary Risk, Linked to 3-Month KTB Rate)
- Hyundai Motor Securities (credit rating AA-) issues the 582nd Other Derivative-linked Bond (ordinary risk) worth USD 20 million (approx. KRW 29.1 billion). Maturity 92 days, underlying asset is the 3-month KTB rate.
- At maturity, if the underlying exceeds 6%, annual return 4.210%; if 6% or below, annual return 4.200%. Principal is preserved at maturity.
- The bond is unlisted and not covered by the Depositor Protection Act. Risks include issuer credit risk (AA-) and exchange rate risk for KRW investors.
- Early redemption is available at 95% or more of fair value, but may result in principal loss depending on market conditions.
- Proceeds will be used for hedging transactions and investment in financial products.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 02-03-2026