KIWOOM Securities Issues 12 Series of Non-Principal Protected ELS Worth 90.5 Billion KRW for Hedging and Investment Purposes
On June 11, 2026, KIWOOM Securities filed a prospectus for the public offering of 12 series of New Global 100 trillion derivative-linked securities ELS from series 1918 to 1929. The total offering amount is approximately 90.465 billion KRW, and the registration statement became effective on the same date.
These securities are non-principal-protected high-difficulty financial investment products with a maximum loss rate of 100% and are classified as Grade 1 Very High Risk. The underlying assets include global major stocks such as Tesla, NVIDIA, Micron Technology, and the KOSPI200 index.
The issuer, KIWOOM Securities, has a credit rating of AA. The proceeds will be used for hedging transactions and investments in financial products to ensure stable payment at maturity. There is no direct relation to shareholder returns.
[AI Summary]This offering is part of KIWOOM's regular ELS issuance, with no equity dilution or capital structure change. The use of funds is conservative for hedging and management, and the issuer's credit quality is sound. Direct impact on stock price is limited, but monitoring market supply-demand effects from the large issuance is advisable.