Issuance of KRW 10 Billion Samsung Electronics ELB (Monthly Coupon 0.6775%)


  • Kyobo Securities decided to issue the 12494th equity-linked derivative bond (ordinary risk) totaling KRW 10 billion out of total offering of KRW 100 billion, based on Samsung Electronics common stock (face value KRW 10,000, 1,000,000 securities).
  • Issue date: 2026.05.08, maturity: 2029.05.15 (3 years), unlisted, not covered by deposit insurance.
  • Monthly coupon: if closing price of underlying is at least 75% of initial strike on each monthly evaluation date, pays 0.6775% per month (8.13% p.a.), up to 36 payments.
  • Automatic early redemption: from 3 months after issuance, every 3 months, if underlying price is at least 85% of initial strike, redeemed at 100% of principal.
  • Maturity redemption: regardless of whether final price is above or below 85% of initial strike, pays 100% of principal (principal protection).
  • Issuer credit rating AA- (Korea Ratings 2025.06.16, NICE Ratings 2025.06.17), unsecured and unguaranteed.
  • Issuance may be cancelled if total subscription amount is less than KRW 300 million; early redemption upon investor request at 95% (90% within 6 months) of fair value, but principal loss possible.
  • Key risks: underlying price fluctuation, credit risk of issuer, illiquidity (unlisted), potential principal loss on early redemption.
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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: 04-29-2026