Kiwoom Securities Issued KRW 13.6B in Series 241 Derivative-Linked Bonds; Subscription Below Plan

Kiwoom Securities reports issuance of Series 241 other derivative-linked bonds
Actual funds raised: KRW 1.36 billion vs. planned KRW 10 billion (1,000,000 securities at KRW 10,000 each)
Subscription shortfall led to partial payment closing
Maturity: May 6, 2026; unlisted; underlying: 3-month treasury rate
Redemption: 3.06% p.a. if rate >6%, else 3.05% p.a. (pre-tax)
Proceeds to be used for hedging transactions

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