Kyobo Securities Discloses ELS Issuance Results - Low Subscription Rate

Kyobo Securities reports issuance results for 13584th ELS (Equity-Linked Securities)
Underlying assets: KOSPI200, S&P500, EUROSTOXX50 (3 indices)
Total offering amount: USD 19,800,000 (approx. KRW 29.2B), actual funds raised: USD 1,621,620 (approx. KRW 2.4B, subscription rate ~8.2%)
Issue price per security: USD 990, face value: USD 1,000, 20,000 securities issued
Auto early redemption conditions: each underlying >=65% of strike (5 times), maturity: if all >=60%, pay 123.70%; else loss
High-risk complex product (potential loss exceeding principal), unlisted, USD cash settlement
Issuance may be cancelled if total subscriptions < USD 500,000 (condition met, issuance proceeded)