Kyobo Securities ELS Issuance Report (Partial Subscription)

Kyobo Securities reports issuance results for two ELS: #13567 (Samsung Elec) and #13568 (SK Hynix)
Each planned 4.965 billion won; actual raised: #13567 zero, #13568 139.02 million won (2.8%)
#13568 issued 14,000 securities at 9,930 won each, total 139,020,000 won
Both: 3-yr maturity, 11 autocall dates (90% barrier), monthly coupons 0.91% and 1.0775% (trigger: underlying ≥80%)
At maturity: max loss 10% (75% knock-in, 90% partial payment)
Proceeds to be used for hedging derivatives

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