Mirae Asset Securities Issues 19 ELS Series Worth KRW 235 Billion... Funds for Hedging, No Shareholder Dilution
Mirae Asset Securities will publicly offer 19 series of Equity Linked Securities (ELS) worth a total of KRW 235 billion from June 1 to June 10, 2026.
The underlying assets include global indices (S&P500, KOSPI200, NIKKEI225, EUROSTOXX50, HSCEI) and individual stocks (Samsung Electronics, SK Hynix, NVIDIA, etc.).
All products are principal-protected-not (highly complex financial investment products) with a maximum potential loss of 100% of principal, and are not covered by the depositor protection act.
The funds raised will be used for hedging transactions to ensure stable payment of redemption amounts and for investment in financial products.
The issuer's credit rating is AA (from KIS, NICE, KOREA RATINGS), but the securities are unsecured and unguaranteed, so investors could lose principal if the issuer's financial condition deteriorates.
This disclosure is unrelated to shareholder return policies such as capital increases or share buybacks/cancellations; it does not involve any change in the number of shares outstanding, so no dilution of shareholder value occurs.
[AI Comprehensive Analysis]This ELS issuance is part of Mirae Asset Securities' normal business operations and does not involve new stock issuance, thus it has no direct impact on existing shareholder value. While the large-scale debt issuance may slightly increase leverage, given the strong credit rating (AA), it does not pose a significant risk to financial soundness. Investors should thoroughly understand the high-risk structure of the products (potential principal loss, barrier conditions, etc.) before making investment decisions.