Issuance of KRW 9.95 Billion Principal-Protected ELB Linked to KOSPI200
- Kyobo Securities publicly offers the 12487th Equity-Linked Derivative Bond (Low Risk) totaling KRW 9.95 billion (1,000,000 securities, face value KRW 10,000, issue price KRW 9,950 per security)
- Underlying asset: KOSPI200 index; monthly coupon of 0.4775% (5.73% p.a.) paid if the closing price on each coupon evaluation date is at or above 85% of the initial strike
- Automatic early redemption at 100% of face value if the underlying closes at or above 100% of initial strike on any of 7 semi-annual evaluation dates; at maturity, 100% principal guaranteed regardless of underlying level
- Issuer credit rating AA- (Korea Ratings, NICE, as of June 2025); unsecured and unguaranteed bonds subject to issuer credit risk
- Issuance may be cancelled if total subscriptions fall below KRW 3 billion; bonds are unlisted, limited liquidity; early redemption at 90-95% of fair market value
- Proceeds to be used for hedging transactions in underlying assets and exchange-traded/OTC derivatives
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KOSPI Filing Information
- Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
- Company: Kyobo Securities (030610)
- Submission: Kyobo Securities Co., Ltd.
- Receipt: 04-28-2026