Kyobo Securities Issues 3 Tranches of Principal-Protected Equity-Linked Bonds Totaling KRW 29.8 Billion... Routine Funding Activity with Limited Impact on Shareholder Value
Kyobo Securities will publicly issue 3 tranches of Equity-Linked Derivative Bonds (ELB) (Nos. 12519-12521) totaling KRW 29.83 billion on June 8, 2026.
Tranche 12519 (KRW 99.3 billion) is linked to the KOSPI200 index, low risk (Grade 5), with monthly coupons (6.18% p.a.) and 100% principal protection at maturity/early redemption.
Tranches 12520 and 12521 (each KRW 99.5 billion) are linked to Samsung Electronics and SK Hynix common stocks respectively, ordinary risk (Grade 4), with monthly coupons (5.43% and 6.30% p.a.) and 100% principal protection.
All tranches are unlisted, not covered by depositor protection, and are unsecured bonds based on the issuer's AA- credit rating (from Korea Investors Service and Korea Ratings).
Proceeds will be used for hedging underlying assets and investing in financial instruments.
[AI Comprehensive Analysis]This disclosure is part of Kyobo Securities' routine business operations. The issuance size is negligible relative to market cap and does not directly affect existing shareholder value. Therefore, it is considered a neutral event for the stock price.