520 million won derivative bond issuance, only 2.6% of planned raised due to undersubscription

DAISHIN SECURITIES 1077th derivative-linked bond (equity-linked, low risk) issuance: actual funding of 520,218,500 won, only 2.6% of planned 19,970,000,000 won.
Total subscription amount fell below 100% of offering; full payment and allocation of all subscriptions.
Issuance of 2,000,000 bonds at 9,985 won each, face value 10,000 won. Non-listed, 183-day maturity.
Redemption condition: if S&P500 at maturity is 500% or more of initial, pays annual 3.010%; else annual 3.000%.
Issuance cost 26,010 won; all funds to be used for hedging.

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