Kyobo Securities Issues 3 ELDs for Total 3.578 Billion Won

Kyobo Securities issued 3 equity-linked derivative bonds (Series 12489-12491) on May 11, 2026, with total actual proceeds of approximately KRW 3.578 billion (Series 12489: KRW 0.626B, Series 12490: KRW 1.473B, Series 12491: KRW 1.480B).
Series 12489: Underlying KOSPI200 (volatility 39.63%), low risk, issue price KRW 9,930, face value KRW 10,000, maturity May 15, 2029, monthly coupon 0.425%, automatic early redemption trigger at 90% of initial price.
Series 12490: Underlying Samsung Electronics common stock (volatility 54.53%), moderate risk, issue price KRW 9,950, face value KRW 10,000, maturity November 15, 2027, monthly coupon 0.405%, automatic early redemption trigger at 100% of initial price.
Series 12491: Underlying SK Hynix common stock (volatility 66.58%), moderate risk, issue price KRW 9,950, face value KRW 10,000, maturity November 15, 2027, monthly coupon 0.445%, automatic early redemption trigger at 100% of initial price.
All issues are unlisted, electronically registered, principal-protected (minimum 100% repayment at maturity), coupon payment condition: underlying asset at least 75% of initial price.
Proceeds will be used for hedging derivatives and trading underlying stocks.
Issuance costs: Series 12489 KRW 31,270, Series 12490 KRW 73,630, Series 12491 KRW 73,970 (all issuance fees).
Estimated fair values: Series 12489 KRW 9,858.05, Series 12490 KRW 9,920.33, Series 12491 KRW 9,911.79 (excluding hedging costs).

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