Kiwoom Securities publicly offers 654th Dream Public Offering Derivatives-Linked Bond (Equity-Linked Bond) worth KRW 50 billion
Issue price per bond: KRW 10,000; minimum subscription: KRW 10,000; total 5,000,000 bonds
Underlying asset: Samsung Electronics common stock; maturity: 1 year (364 days); maturity date: February 26, 2027
Risk grade: Grade 5 (Low Risk) – Principal-guaranteed (ELB) paying principal + 3.20% p.a. at maturity
Special condition: If Samsung stock price reaches 300% or more of initial price at maturity, pay principal + 3.201% p.a.
Early redemption possible (upon investor request) – Early redemption rate: 3.20% p.a. minus 1.00% p.a. for regular cases; special early withdrawal (retirement, etc.) pays full 3.20% p.a.
Issuer credit rating: AA- (Korea Ratings, Korea Investors Service, NICE Ratings, as of June 30, 2025)
Eligible subscribers: Only retirement pension funds (via entrusted accounts of retirement pension operators)
Not covered by depositor protection act; principal loss possible (issuer credit risk, early redemption loss)