Hanwha Investment & Securities issues 20bn won DLB with 3-month maturity, ~0.82% return
- Issuer: Hanwha Investment & Securities (credit rating AA-, NICE Dec 2025)
- Product: Hanwha Smart DLB No.539 (derivative-linked bond)
- Offering: 20 billion won (2 million units at 10,000 won each)
- Maturity: 3 months (94 days, May 8 to Aug 10, 2026)
- Underlying: 3-month KTB rate
- Return: If KTB rate ≤8% at maturity: 3.17% p.a.; if >8%: 3.16% p.a. (pre-tax, ~0.82% total return)
- Principal repayment: Full principal plus accrued interest at maturity (no principal loss)
- Risks: Not deposit protected, non-listed, early redemption may cause principal loss (95% of fair value, 90% within 6 months), issuer credit risk
- Issuance cancellation: If total subscriptions <1 billion won
- Subscription: Limited to Hana Bank trust department, minimum 1 million won, subscription period only on May 8, 2026
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hanwha Investment & Securities (003530)
- Submission: Hanwha Investment & Securities Co., Ltd.
- Receipt: 04-30-2026