Kiwoom Files for Issuance of 13 ELS Series Totaling KRW 113 Billion
- On May 21, 2026, Kiwoom Securities submitted a supplementary shelf filing for 13 series of Equity-Linked Securities (ELS) (1880th to 1892nd) to the Financial Services Commission.
- The total offering amount is KRW 113,034,000,000, with estimated net proceeds of approximately KRW 113 billion after deducting issuance expenses.
- Each security is classified as Grade 1 (very high risk), non-principal-protected, and unlisted; investors may incur losses exceeding 20% of principal due to underlying asset price fluctuations at maturity or upon automatic early redemption.
- The issuer's credit rating is AA (from Korea Ratings, NICE, and KIS), and these securities are not protected by the Depositor Protection Act; they are backed solely by the issuer's credit.
- The raised funds will be used for hedging activities (trading underlying assets and derivatives) and investment in financial products.
- As of April 30, 2026, the issuer's outstanding issuance of derivative-linked securities/bonds amounted to KRW 34,804 billion (principal-guaranteed: KRW 23,894 billion, non-principal-guaranteed: KRW 10,911 billion, DLS/DLB: KRW 17,940 billion).
- As of Q1 2026, the credit equivalent amount for derivatives (ELS/ELB, etc.) with counterparties (others) was KRW 126,865,518,601, representing exposures exceeding 5% of equity.
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KOSPI Filing Information
- Filing: Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)
- Company: KIWOOM Securities (039490)
- Submission: KIWOOM Securities Co.,Ltd.
- Receipt: 05-21-2026