Mirae Asset Securities Discloses Issuance Results for Two ELS (Actual Raised KRW 5.8B and 4.0B)
Mirae Asset Securities disclosed issuance results for its 36642nd and 36643rd Equity-Linked Securities (ELS).
Each ELS had a planned total offering of KRW 29.7 billion, but actual funds raised were KRW 5.803 billion for the 36642nd and KRW 3.964 billion for the 36643rd.
The 36642nd ELS is based on EUROSTOXX50, S&P500, and KOSPI200, with monthly coupon payment (12.21% p.a.) and auto-call structure.
The 36643rd ELS is based on EUROSTOXX50, S&P500, and NIKKEI225, with auto-call and maturity redemption structure (conditional yield of 7.10% p.a.).
Both ELS are non-principal-protected, high-risk products (risk rating 2) and are unlisted.
The raised funds will be used for hedging transactions to ensure stable maturity redemption.