Issuance Report of 3 ELS Series (USD 232,500 and KRW 181.1 million)
Issuance of 3 ELS series: No.12686 (USD 232,500, USD-denominated), No.12687 (KRW 179.1 million), No.12688 (KRW 2 million), total proceeds approximately KRW 181.1 million + USD 232,500.
Issuance costs are minimal at 0.005% of total issuance amount (KRW 17,510, 8,950, 100 respectively), net proceeds nearly equal to issuance amount.
Proceeds will be used for hedging transactions (OTC derivatives, government bond purchases, underlying asset futures/options) to meet ELS repayment obligations.
Subscription results: total subscription amount fell short of offering amount, resulting in partial payment and full allocation of all subscriptions.
All ELS are not listed on any exchange; held indirectly through Korea Securities Depository book-entry without physical certificates.