Kyobo Securities issues two ELS totaling 99.3 billion won (90% principal protection, AA- rating)
Kyobo Securities filed a supplementary shelf registration for two equity-linked securities (ELS: #13585, #13586) to be issued on May 14, 2026
Total offering amount of 49.65 billion won per issue (99.3 billion won combined), issue price 9,930 won per security, 3-year maturity (May 16, 2029), unlisted
Issue #13585: underlying Samsung Electronics, monthly coupon (11.52% p.a.), auto early redemption at 90%, 90% principal protection at maturity (max loss 10%)
Issue #13586: underlying Samsung Electronics and SK Hynix, monthly coupon (14.19% p.a.), auto early redemption at 90%, 90% principal protection at maturity (max loss 10%)
Issuer credit rating AA- (Korea Ratings, KIS, as of June 2025), not covered by deposit insurance, potential loss of principal
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)