Mirae Asset Securities Reports Issuance Results for 3964th ELB

Mirae Asset Securities issues ELB linked to SK Hynix
Total offering: 50 billion won, actual proceeds: 1.15 billion won (possible undersubscription)
Face value per note: 10,000 won, 500,000 notes issued, unlisted
Monthly coupon: 0.7825% (annual 9.39%) if underlying ≥ 75% of initial
Autocall: 11 opportunities, at 85% of initial, redemption at par
Maturity: May 9, 2029; if final <85%, potential principal loss
Proceeds used for hedging via bonds and derivatives