Decision to Issue 20 Billion Won ELBs Linked to KOSPI200 and Samsung Electronics
- Mirae Asset Securities issues two series of Equity-Linked Bonds (ELB): 3966th (100 billion won) and 3968th (100 billion won), totaling 200 billion won, with principal protection at maturity and classified as low risk.
- Series 3966 has a 547-day maturity (Oct 29, 2027); if both underlying assets close at or above 200% of initial strike, annual return is 3.5806%; otherwise 3.5800%; simulation shows zero loss probability.
- Series 3968 has a 274-day maturity (Jan 29, 2027); if both underlying assets close at or above 200% of initial strike, annual return is 3.3312%; otherwise 3.3300%; simulation shows zero loss probability.
- Both series are linked to KOSPI200 Index and Samsung Electronics common stock, unlisted, subscription restricted to retirement pension funds, subscription period on Apr 30, 2026 only.
- Issuer credit rating AA, issuance costs 5 million won (2.5 million per series), net proceeds each 9,999.5 million won; proceeds will be used for hedging transactions and other investments.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Mirae Asset Securities (006800)
- Submission: Mirae Asset Securities Co., Ltd.
- Receipt: 04-28-2026