Kyobo Securities Issues KRW 9.95bn KOSPI200-Linked Derivative Bond

Kyobo Securities issued 1,000,000 certificates of KOSPI200-linked equity-linked bonds (ELB) on May 11, 2026, with total issuance amount of KRW 9.95 billion (issue price KRW 9,950 per certificate, face value KRW 10,000)
Maturity is 3 years (May 15, 2029), with semi-annual automatic early redemption evaluations. Early redemption occurs if KOSPI200 is at or above 100% of initial level, paying 103.35% to 116.75% of face value per step
If not early redeemed, at maturity: if KOSPI200 >= 100% of initial, pay 120.10% of face; if <100%, pay 102% of face (principal protected plus 2% return)
Proceeds will be used for hedging activities (derivatives and underlying stock trading) to ensure stable repayment
Unlisted securities; minimum subscription amount KRW 1 million. Issuance may be cancelled if total subscription less than KRW 300 million

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