Kyobo Securities Issues KRW 9.95bn Equity Linked Securities (Linked to KOSPI200 & Samsung Electronics, 6.70% p.a.)

Kyobo Securities issues the 12514th Equity Linked Derivative Bond (ELB) worth KRW 9.95bn (1,000,000 securities at KRW 9,950 each), maturing on June 12, 2029.
Underlying assets are KOSPI200 Index and Samsung Electronics common stock; if automatic early redemption conditions (≥85% of initial strike) are met, it offers an annual return of 6.70% (pre-tax).
At maturity, if all underlyings are ≥85% of initial strike, pays 20.10% (pre-tax); otherwise pays 3.00% (pre-tax).
The securities are unlisted, not protected by the Depositor Protection Act, and the issuer's credit rating is AA- (Korea Ratings, NICE Ratings).
Proceeds will be used for hedging transactions and investment in financial products.

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