Kyobo Securities 13574th ELS Issuance Report (Partial Subscription)

Issuance report of Kyobo Securities 13574th equity-linked derivative securities (high risk). Actual funds raised KRW 513.81 million, far below planned KRW 29.7 billion, resulting in partial payment.
Underlying assets: KOSPI200, S&P500, EUROSTOXX50. Maturity May 15, 2029. Auto-call barrier at 65% of initial price.
Issuance cancellation condition (total subscription < KRW 500 million) was not triggered as subscription reached KRW 513.81 million.
Proceeds to be used for hedging derivatives and stock trading related to underlying assets.
High-difficulty financial product with potential loss exceeding 20% of principal. Unlisted, cash settlement.

ADVERTISEMENT (250px+)