Mirae Asset Securities Issues KRW 100bn Series 3974 ELB (Linked to KOSPI200 & Samsung Electronics, 364-day Maturity, ~3.33% p.a. Return)
Mirae Asset Securities issues Series 3974 Equity-Linked Bonds (ELB) linked to KOSPI200 and Samsung Electronics common stock, totaling KRW 100 billion
Issue date: May 22, 2026; Maturity: May 21, 2027 (364 days); Face value per bond: KRW 10,000; 1,000,000 bonds issued
Redemption conditions: If both underlying assets close at or above 200% of initial strike, annual return of 3.3309%; otherwise 3.3300% (principal protected)
Issuer credit rating: AA (by Korea Ratings, NICE, and KIS, as of 2026)
Proceeds to be used for hedging underlying assets and investing in financial instruments
The bonds are not covered by deposit insurance, are unlisted, and have limited liquidity