SK Securities Issues KRW 1 Billion Equity-Linked Bond (ELB) Linked to KEPCO Stock, 3.4% Coupon
SK Securities issues 3242nd series ELB: Total offering KRW 1,000,000,000, issue price per bond KRW 10,000, 100,000 bonds
Underlying asset: KEPCO common stock; maturity date: May 28, 2027; unlisted, cash settlement
Return structure: If final index >= 300% of initial index, 3.401% p.a.; otherwise 3.400% p.a. (principal protected at maturity; early redemption may incur loss)
Risk rating: Level 4 (moderate risk); not covered by depositor protection; issuer credit rating A- (Korea Ratings, Jan 2, 2026)
Subscription period: May 29, 2026; limited to retirement pension funds; minimum subscription KRW 10,000
Use of proceeds: Hedging transactions and investment in financial instruments