Kyobo Securities Issues KRW 9.95 Billion ELB Series 12514 Linked to KOSPI200 and Samsung Electronics
Kyobo Securities issues KRW 9.95 billion Equity-Linked Derivative Bond (ELB) Series 12514, with underlying assets KOSPI200 index and Samsung Electronics common stock, maturing in June 2029.
Issue price: KRW 9,950 per unit (face value KRW 10,000), 1,000,000 units issued, subscription limited to customers of Suhyup Bank trust.
Automatic early redemption condition: if all underlying assets are at or above 85% of initial price at each evaluation date, investor receives annual 6.70% return; if held to maturity, max 20.10%; if condition not met, min 3.00% return.
This bond is not covered by deposit insurance; issuer credit rating: AA-.