Mirae Asset Securities Issues KRW 10 Billion ELB Series 3980 (KOSPI200-Linked, Principal Protection, Low Risk)
Mirae Asset Securities issues KRW 10 billion (1,000,000 units at KRW 10,000 per unit) of Series 3980 Equity Linked Bonds (ELB)
Underlying asset: KOSPI200 index; maturity: June 4, 2027 (1 year)
Product structure: Guaranteed minimum return of 1.50% (principal preservation), maximum 12.75% (if KOSPI200 rises between 100% and 115%), fixed 1.50% if index exceeds 115%
Risk grade: 5 (low risk) with low probability of principal loss
Use of proceeds: hedging transactions and investment in financial instruments
Issuer credit rating: AA (rated by Korea Ratings, NICE, KIS) – stable
Issuance may be canceled if total subscription amount is less than KRW 1 billion