Kiwoom Securities Files Registration for 39.8 Billion Won in Equity-Linked Bonds (ELB)

On May 21, 2026, Kiwoom Securities filed a supplementary shelf registration with the Financial Services Commission for a public offering of four series (1185-1188) of Equity-Linked Bonds (ELB) totaling 39.8 billion won (9.95 billion won per series).
Series 1185 (linked to Hyundai Motor) and 1186 (linked to POSCO Holdings) are principal-protected ELBs that are automatically called if the underlying closes at or above 70% (1185) or 75% (1186) of the initial strike price, with annual yields of 5.30% and 5.00%, respectively. If not called, full principal is repaid at maturity.
Series 1187 (Hyundai Motor) and 1188 (POSCO Holdings) are monthly coupon-paying principal-protected ELBs, paying monthly coupons of 0.4625% (5.55% p.a.) and 0.4875% (5.85% p.a.), respectively, subject to barriers of 60% and 70% of initial strike. Auto-call barriers are 75% and 80%.
The issue price is 9,950 won per security. The subscription date is June 1, 2026, and maturity is June 5, 2029. The bonds are unlisted, not protected by the Depositor Protection Act, and early redemption may result in principal loss.
Proceeds will be used for hedging underlying assets and investing in financial products. Kiwoom Securities has an AA credit rating.

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Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
Company: KIWOOM Securities (039490)
Submission: KIWOOM Securities Co.,Ltd.
Receipt: 05-21-2026