Mirae Asset Securities Issues 100 Billion KRW Unsecured Bond for Debt Refinancing Maintaining Robust Capital Adequacy and Shareholder Return Policy
Mirae Asset Securities is issuing the 86th series of unsecured public bonds worth 100 billion KRW to repay existing short-term debt, with an AA0 stable credit rating.
The company maintains robust capital adequacy with an NCR of 3,524.2% and a leverage ratio of 770.3%, well above regulatory requirements, and reported a consolidated net income of 1 trillion KRW in Q1 2026.
Shareholder return continues through treasury share cancellations, including 15 million common shares and 2.5 million preferred shares, while contingent liabilities remain limited at 5.05% of equity.
[AI Summary]Mirae Asset Securities' 100 billion KRW unsecured bond issuance is a defensive capital raising for debt refinancing with no equity dilution. The company's strong capital adequacy with NCR at 3,524.2% and leverage compliance supports its AA0 rating. Ongoing treasury share cancellations underscore commitment to shareholder value enhancement.