Kyobo Securities Issues KRW 4.49 Billion in Equity-Linked Derivative Bonds

Kyobo Securities issued Equity-Linked Derivative Bonds (ELB) with underlying assets of Samsung Electronics common stock and Hyundai Motor common stock.
The actual total funds raised were KRW 4.486 billion, compared to the planned KRW 9.95 billion, achieving approximately 45% of the target.
Each bond has a face value of KRW 10,000 and an issuance price of KRW 9,950, with a total of 1,000,000 bonds issued.
Maturity is May 10, 2029. At maturity, if both underlying assets are at or above 100% of the initial strike price, an annual return of 8.20% (pre-tax) is paid; otherwise, only the principal (100% of face value) is repaid.
Early redemption evaluations occur every exchange business day starting 3 months after the issuance date (2026.05.08). If both underlying assets are at or above 100% of the initial strike price, the bond is redeemed with principal plus accrued interest at 8.20% p.a.
The bonds are unlisted and issued via electronic registration; no physical certificates are issued.
The issuance may be cancelled if total subscription amount is less than KRW 300 million; this issuance met the condition and was completed.

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