KIWOOM Securities Successfully Issues 11 Series of Equity-Linked Securities, Raising 23.3 Billion KRW for Hedging
KIWOOM Securities completed the issuance of 14 series of equity-linked securities on June 11, 2026, successfully raising approximately 23.3 billion KRW from 11 series while three series were cancelled due to insufficient subscriptions.
The proceeds will be fully utilized for hedging transactions to manage the risks associated with the ELS, ensuring stable payment of redemption amounts under the issuance terms.
Since this involves derivative-linked securities rather than equity issuance, there is no dilution of existing shareholders' stakes. This is considered a routine funding activity for the company.
The disclosure does not include any information on shareholder return policies such as treasury stock acquisition, cancellation, or dividends.
Financial soundness indicators like BIS ratio and NPL are not disclosed in this report.
[AI Summary]KIWOOM Securities' ELS issuance is within the scope of normal business operations, with the amount raised representing only 0.26% of market capitalization, thus having a limited impact on shareholder value. The use of funds is confined to hedging, focusing on risk management rather than growth creation.