Mirae Asset Securities issues the 3970th series of Equity-Linked Bonds (ELB) worth KRW 19.9 billion, underlying asset is Samsung Electronics common stock, subscription date May 14, 2026, maturity May 16, 2029.
Pays a monthly coupon of 0.4375% (annual 5.25%) if the underlying is at least 65% of the initial price; automatic early redemption triggers at 80% of the initial price.
Unlisted securities; possible principal loss upon early redemption; not protected by the Depositor Protection Act; credit risk of the issuer (AA rating).
Subscription limited to Hana Bank trust customers, minimum subscription amount KRW 4,975,000, issuance may be canceled if total subscription is below KRW 497.5 million.
Mirae Asset Securities credit rating AA (from Korea Ratings, NICE Ratings, Korea Corporate Rating).