Kiwoom Securities Issues 27.5 Billion Won in 3 Tranches of ELBs

Kiwoom Securities is publicly offering three tranches of Equity-Linked Bonds (ELB) (Nos. 1191-1193) totaling 27.5 billion won (27,517,000,000 won) with a subscription period from May 22 to 29, 2026.
Tranches 1191 and 1192 are linked to Samsung Electronics common stock, while tranche 1193 is linked to the S&P500 index; all are principal-guaranteed structures paying at least the principal at maturity.
Pre-tax yields are 4.20-4.21% p.a. for 1191, 5.00-5.01% p.a. for 1192, and 4.00-4.01% p.a. for 1193; maturities are Dec 2, 2026 (1191, 1193) and Jun 2, 2027 (1192).
Proceeds will be used for hedging the underlying assets and investment operations; the issuer's credit rating is AA (from Korea Investors Service, NICE, and KR).
These securities are unlisted, not covered by depositor protection, and early redemption may result in principal loss.

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