Kiwoom Securities Issues Three Series of ELS on KOSPI200, Total ~3.65 Billion Won

Kiwoom Securities issued three series (1069-1071) of equity-linked bonds (ELB) linked to KOSPI200
Series 1069: Barrier 85%, max coupon 3.10% p.a., raised 327.69M won
Series 1070: Barrier 90%, max coupon 3.70% p.a., raised 714.61M won
Series 1071: Barrier 95%, max coupon 4.60% p.a., raised 2.61B won
Each with 5 semi-annual autocall evaluations, maturity Feb 2029; principal protected only if barrier is met; otherwise only principal returned
Non-listed, direct offering, no underwriting fees
Proceeds to be used for hedging transactions
No mention of shareholder returns or financial health indicators

ADVERTISEMENT (250px+)