Mirae Asset Securities Issues KRW 99.7bn Principal-Protected ELB Linked to KOSPI200 (6.45% Annual Coupon)
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Mirae Asset Securities decides to issue KRW 99.7bn principal-protected ELB linked to KOSPI200 (Issue No. 3969)
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Security type: Equity-linked bond (ELB), product risk grade 5 (low risk), issuer credit rating AA
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Issue price per security KRW 9,970, minimum subscription KRW 9,970, subscription period only on May 14, 2026
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Underlying asset: KOSPI200 index, maturity May 16, 2029, principal 100% guaranteed
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Monthly coupon condition: if underlying ≥ 80% of initial price, pay 0.5375% (6.45% annual) per month
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Automatic early redemption condition: from 6 months, every 6 months if underlying ≥ 90% of strike, principal repaid (max 5 times)
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Maturity redemption: regardless of underlying being ≥90% or <90%, principal 100% paid (principal protection)
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Issuance cancellation condition: if total subscription amount < KRW 498.5 million, issuance may be cancelled
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Issuance and payment date: May 14, 2026, electronic registration at KSD, unlisted
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Early redemption possible but may incur loss; redeemed at 95% or more of fair value (90% within first 6 months)
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Issuer credit rating AA (from KIS, NICE, KBP as of April 2026)
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Remaining issuance limit under shelf registration: approx. KRW 3.07 trillion
KOSPI Filing Information
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Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
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Company: Mirae Asset Securities (006800)
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Submission: Mirae Asset Securities Co., Ltd.
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Shares: 559,566,880
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Price: 68,700 KRW
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Market Cap: 38,442.2 B KRW