Mirae Asset Securities Issues 100 Billion Won ELB Equity-Linked Derivative Bonds for Fundraising Investors Should Note Principal Loss Risk
Mirae Asset Securities issues the 3984th Equity-Linked Bond ELB linked to the KOSPI200 index on June 5 2026. The total offering amount is 100 billion KRW with a face value of 10,000 KRW per bond totaling 1 million bonds.
The bond pays 103.40% to 103.41% of principal at maturity with a maximum annual return of 3.41% if the underlying rises above 200%. Principal loss is not expected at maturity but early redemption may incur losses based on fair value. Liquidity is limited and issuer credit risk exists.
Mirae Asset Securities holds an AA credit rating from NICE and other agencies. Proceeds will be used for hedging and financial investments. This product is not protected by the Depositor Protection Act.
[AI Summary]This ELB issuance by Mirae Asset Securities is a debt offering with no equity dilution thus no impact on shareholder value. The use of proceeds for routine hedging and investment limits growth potential. While the AA credit rating ensures high counterparty credibility the product's structure carries principal and liquidity risks for investors.