Kiwoom Securities Issues 100 Billion Won of 674th Dream Public ELB
Kiwoom Securities decides to issue 100 billion won worth of 674th Dream Public ELB (Equity-Linked Bond, Grade 5 Low Risk) at 10,000 won per security, totaling 10 million securities
Underlying asset: Samsung Electronics common stock; maturity: 2027.05.28 (364 days); pre-tax annual return of 3.35% (3.351% if underlying ≥300% of initial)
Subscription limited to retirement pension funds; subscription period: 2026.05.29 13:00-16:00; payment and allocation on same day
Issuer credit rating: AA (by Korea Ratings, NICE, KIS); not covered by depositor protection; unsecured and unguaranteed bonds
Early redemption at investor request: interest rate reduced by 1% from 3.35%; special early redemption (retirement etc.) waives penalty
Issue may be cancelled if total subscription amount is less than 500 million won
Proceeds will be used for hedging underlying asset and investing in financial products