Kyobo Securities Reports ELS Issuance - Low Subscription Rate


  • Kyobo Securities reports issuance results for two equity-linked securities (ELS): Series 13582 (KRW 5,269 million) and Series 13583 (KRW 2,011 million).
  • Actual funds raised significantly below initial offering amounts (13582: KRW 29.7B → 5.27B; 13583: KRW 29.76B → 2.01B).
  • Issue prices: KRW 9,900 (fair value 9,911.17) for 13582, KRW 9,920 (fair value 9,829.82) for 13583.
  • Underlying assets: KOSPI200, S&P500, EUROSTOXX50; high-risk complex product (potential loss >20% of principal).
  • Use of proceeds: hedging with futures/options related to underlying assets.

KOSPI Filing Information


  • Securities Issuance Performance Report
  • Company: Kyobo Securities (030610)
  • Submission: Kyobo Securities Co., Ltd.

  • Shares: 113,962,961
  • Price: 13,760 KRW
  • Market Cap: 1,568.1 B KRW