Kyobo Securities Issues 4 Equity-Linked Bonds Worth 3.23 Billion Won

On May 7, 2026, Kyobo Securities issued 4 series of Equity-Linked Bonds (ELB) totaling 3.23 billion won (based on fixed face amount).
Individual series: #12475 (Samsung Electronics) 1.184 billion won, #12476 (SK Hynix) 1.354 billion won, #12477 (KB Financial) 0.393 billion won, #12478 (Hyundai Motor) 0.299 billion won.
The bonds are principal-protected (100% of face value at maturity on May 10, 2029), with monthly coupons (conditional, max annual 8.4%~9.42%) and autocall features (every 6 months, 100% of initial price).
Issuance costs are minimal: total 161,470 won (allocation fees per series).
Proceeds will be used for hedging underlying assets (derivatives and stock trading).
The bonds are unlisted and issued via electronic registration.
Fair value estimated at 9,761~9,885 won per 10,000 won face value.

ADVERTISEMENT (250px+)