Kyobo Securities Issues Two ELS Series Worth KRW 99.3 Billion (Underlying: Samsung Electronics, SK Hynix)

Kyobo Securities issues two equity-linked securities (ELS) with a total offering of KRW 9.93 billion (two series combined)
Series 13593: Underlying Samsung Electronics common stock, offering amount KRW 4.965 billion, issue price KRW 9,930 per security
Series 13594: Underlying Samsung Electronics and SK Hynix common stock, offering amount KRW 4.965 billion, issue price KRW 9,930 per security
Both are principal-protected partial payment type (max loss 10%) with monthly coupon conditions (Series 13593: 9.60% annual, Series 13594: 16.77% annual)
Maturity June 8, 2029, early redemption trigger (≥85% of initial) and principal loss capped at 10%
Proceeds used for hedging transactions and investments in financial instruments
Issuer credit rating AA- (Korea Ratings 2025.06.16, Korean Credit Rating 2025.06.17)
Subscription limited to Busan Bank trust customers; unlisted

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