Mirae Asset Securities Issues KRW 19.9B ELB Linked to Hyundai Motor
- Issuance of Mirae Asset Securities 3894th ELB: KRW 19.9B, 2,000,000 securities, face value KRW 10,000, issue price KRW 9,950
- Underlying: Hyundai Motor common stock, credit rating AA (NICE/Korea Ratings/Korea Investors Service)
- 3-year maturity, automatic early redemption every 6 months if closing price ≥ 85% of initial price (yield 5.25% p.a.)
- Redemption at maturity: 15.75% (5.25% p.a.) if ≥85%, otherwise 100% principal
- Unlisted, early redemption at ≥95% of fair value (≥90% within 6 months), potential principal loss
- Not covered by deposit insurance, unsecured unsubordinated debt
- Issuance may be cancelled if total subscription < KRW 497.5M
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Mirae Asset Securities (006800)
- Submission: Mirae Asset Securities Co., Ltd.
- Receipt: 02-04-2026