Mirae Asset Securities Issues KRW 9.9bn ELS (Principal Non-Guaranteed)

Mirae Asset Securities issues 36654th ELS (principal non-guaranteed, risk grade 2)
Total offering: KRW 9.9bn, issue price per security: KRW 9,900 (face value KRW 10,000), 1,000,000 securities
Underlyings: EUROSTOXX50, S&P500, KOSPI200
Monthly coupon condition: all underlyings >= 60% of initial, pay 0.9425% monthly (11.31% p.a.)
Auto-call: semiannual, 1st-2nd: 80%, 3rd: 80%, 4th: 75%, 5th: 70% of initial, pay 100% face
Maturity (3 years): if all >= 60% of initial, pay face; otherwise, loss equal to decline of worst performer
Proceeds used for purchasing bonds and hedging derivatives
Direct offering by issuer (no underwriters)