Kyobo Securities Issues 50 Billion Won Principal-Protected Equity-Linked Bonds

Kyobo Securities issues 50 billion won (5,000,000 bonds, 10,000 won per bond) of its 50232nd equity-linked derivative bonds (principal-protected, low risk grade 5).
Underlying asset is KEPCO common stock; at maturity (2027.05.28), pays 3.40%~3.41% p.a. (pre-tax) depending on stock performance, with principal guaranteed.
Bonds are unlisted, available only for retirement pension funds; issuer credit rating AA- (Korea Ratings, Korean Credit Rating).
Proceeds will be used for hedging the underlying asset; no dilution or capital change for shareholders.

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