Hyundai Motor Securities Issues 100 Billion Won S&P500-Linked Low-Risk Derivative Bond (Fixed 3.000% p.a., AA- Credit Rating)
- Hyundai Motor Securities issues 100 billion won of S&P500-linked Equity-Linked Derivative Bonds (Low Risk) (face value 10,000 won per security, total 1,000,000 securities, total offering 10 billion won)
- Maturity on Aug 31, 2026; principal-protected structure, no loss even if underlying declines (minimum 3.000% p.a., maximum 3.010% p.a. pre-tax)
- Issuer credit rating AA- (from KIS, KOREATING, NICE); unsecured and unguaranteed bonds, not covered by depositor protection
- Proceeds to be used for hedging of underlying assets and investment in financial products
- Non-listed securities; early redemption may incur principal loss; issuance may be cancelled if total subscription is less than 200 million won
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 05-21-2026