Mirae Asset Securities Issues KRW 14.8bn ELB Series 3878 Linked to Samsung Electronics

Mirae Asset Securities reports issuance of ELB Series 3878
Underlying: Samsung Electronics common stock; Total issued: KRW 14,793,958,500 (74% subscription of planned KRW 19.9bn)
Issue price per security: KRW 9,950; Quantity: 2,000,000 securities
Maturity: 2029-02-06; Unlisted; Electronic registration
Monthly coupon: if underlying closes at or above 80% of initial price, 0.47% (5.64% p.a.)
Autocall: at 6/12/18/24/30 months if underlying at or above 95% of initial, redeem at 100%
Redemption at maturity: if final price ≥95% of initial, pay par; otherwise, principal loss possible (no knock-in)
Proceeds used for hedging and purchase of high-grade bonds