Kyobo Securities Files for KRW 29.7 Billion ELS Issuance
- Issuance of Kyobo Securities 13592th Equity-Linked Securities (High Risk): total offering of KRW 29.7 billion, issue price KRW 9,900, face value KRW 10,000.
- Underlying assets: S&P500 Index, EUROSTOXX50 Index, NIKKEI225 Index. Maturity: June 8, 2029. Unlisted.
- Monthly coupon condition: If all underlying asset closing prices are at least 60% of initial strike, pays 0.6925% per month (8.31% p.a.). Maximum pre-tax return: 24.93%.
- Auto-call conditions: Step-down barriers from 85% (1st) to 70% (5th); early redemption at 100% face value. Non-principal protected.
- Maturity redemption: If all underlying assets are at least 55% of initial strike, full principal; otherwise, principal loss proportional to worst performer (up to 100% loss).
- Issuer credit rating: AA- (Korea Ratings, NICE Investors Service, June 2025). Not covered by depositor protection. Early redemption at 95%+ of fair value (90%+ within 6 months).
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)
- Company: Kyobo Securities (030610)
- Submission: Kyobo Securities Co., Ltd.
- Receipt: 05-21-2026