Kiwoom Securities Issues KRW 10 Billion in ELB DREAM 673
Kiwoom Securities (CEO Eom Ju-seong) issued the 673rd Kiwoom Dream Public Offering Equity-Linked Bond (ELB), raising KRW 10,013,060,000 (33.38% of the total offering of KRW 30 billion)
Underlying asset: Samsung Electronics common stock; maturity: 1 year (May 21, 2027); face value: KRW 10,000; 3,000,000 securities issued
Redemption conditions: if the underlying asset closes at 300% or more of the initial price, pays 3.351% p.a.; otherwise 3.35% p.a.
Proceeds will be used for hedging transactions to ensure stable payment of redemption amounts
The securities are unlisted and issued in electronic registration form