Eugene Investment 585th ELS Raises Only 1.06 Billion Out of 3 Billion (Partial Subscription)
Eugene Investment's 585th Derivative Combined Securities (ELS, non-principal guaranteed) issuance result: actual funds raised 1.061 billion won out of total offering of 3 billion won (subscription rate about 35%), settled as partial payment.
Underlying assets: S&P500 index, Tesla common stock. Maturity 3 years (2029-05-16). Auto-call conditions (step-down from 85% to 70% of initial price) and maturity redemption conditions (130.3% if both above 65% of initial; principal loss if any underlying falls below 30% barrier).
Proceeds to be used for hedging transactions. Issuance fee: 53,050 won (0.005% of funds raised).