Kiwoom Securities Issues 12 Series of ELS Worth 90.5 Billion Won…Capital Raised for Hedging, Limited Impact on Shareholder Value
According to the supplementary filing submitted to the Financial Services Commission on June 11, 2026, Kiwoom Securities is publicly offering 12 series of 'New Global 100 Trillion' equity-linked securities ELS from series 1918 to 1929, totaling approximately 90.5 billion won. All products are non-principal-protected, very high risk, with underlying assets including KOSPI200, Tesla, Micron Technology, NVIDIA, Broadcom, Qualcomm, and Palantir.
The issuer Kiwoom Securities maintains a credit rating of AA indicating stability. The raised funds will be used for hedging and financial investment related to product operations, without direct impact on shareholder value. There is no equity dilution for existing shareholders.
[AI Summary]This is a routine ELS issuance by Kiwoom Securities. The funds are solely for hedging and operational purposes, resulting in a neutral impact on shareholder value. The issuance size is approximately 0.96% of the market capitalization, and the issuer's AA credit rating ensures financial soundness. Thus it does not present a significant variable for investment decisions.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)