Kyobo Securities' 12473rd ELB Issuance: Subscription Only 7% of Planned Amount
Actual funds raised KRW 348 million, only 7% of the planned total of KRW 4.975 billion, indicating poor subscription
Total subscription (KRW 348 million) barely exceeded the minimum issuance amount (KRW 300 million), avoiding cancellation but reflecting weak demand
Underlying asset: KOSPI200; structure with automatic early redemption (if >=80% of initial) and partial principal protection (face value at maturity if below 80%)
Issue price per security: KRW 9,950 (face value KRW 10,000), non-listed, payment and issuance date: May 4, 2026