Kyobo Securities Reports Issuance Results for Two ELBs

Kyobo Securities reports issuance results for two ELBs: Series 12325 (linked to KOSPI200, low risk) and Series 12326 (linked to NAVER, normal risk).
Actual proceeds: approx. KRW 2.0 billion for 12325, KRW 4.71 billion for 12326; total ~KRW 6.71 billion (significantly below planned KRW 39.8 billion).
Each bond: face value KRW 10,000, issue price KRW 9,950, unlisted, maturity Feb 2029, monthly coupon, auto early redemption conditions.
Use of proceeds: hedging and trading of underlying derivatives and equities.

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