Issuance of 12455th ELB: 4.66 Billion Won Raised (23.4% of Planned 19.9 Billion)

Kyobo Securities issued the 12455th equity-linked derivative bond (ELB) linked to KOSPI200, actual raised 4.66 billion won (23.4% of planned 19.9 billion)
Principal-protected structure: 3-year maturity, automatic early redemption if underlying ≥85% of initial, monthly coupon 0.4075% (4.89% p.a.), and 100% principal at maturity even if underlying <85%
Issue price 9,950 won per unit, 468,800 units issued, non-listed, electronic registration
Issuance expense 233,220 won (underwriting fee), proceeds used for hedging the underlying through derivatives trading

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