Samsung Securities Issues 3 ELS Series Linked to KT Stock Totaling 1.348 Billion Won

Samsung Securities issued three series (2876-2878) of ELS linked to KT stock totaling 1.348 billion won
Series 2876: 402 million won, exercise price 300% of initial price, maturity yield conditionally 0.71% or 0.70%
Series 2877: 317 million won, exercise price 300%, yield 1.51% or 1.50%
Series 2878: 629 million won, exercise price 300%, yield 3.16% or 3.15%
Purpose: hedging for interim and maturity repayments via derivatives
Subscription and allocation: public offering, proportional allocation if oversubscribed, partial payment if undersubscribed
Electronic registration, no physical certificates

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