Kyobo Securities Issues 9.93 Billion KRW Partial Principal-Protecting ELS... Maximum Loss Limited to 10% and AA- Credit Rating
Kyobo Securities filed a batch additional document on June 19, 2026 for the issuance of its 13619th and 13620th equity-linked securities scheduled for July 3, 2026.
The total offering amounts to 9.93 billion KRW, with Tranche 13619 linked to SK Hynix common stock and Tranche 13620 linked to both Samsung Electronics and SK Hynix.
Both products are partial principal-protecting type with a maximum loss of 10%, a 3-year maturity, monthly coupon payment conditions, and automatic early redemption features.
Kyobo Securities holds an AA- credit rating indicating low issuer credit risk, but the securities are not protected by the depositor protection act and are unlisted, limiting liquidity.
[AI Summary]This ELS issuance is a routine business activity for Kyobo Securities, expanding product offerings in the equity-linked securities market. The funds raised are used for hedging and investment, not for capital expansion or strategic transformation. Investors should note the 10% loss cap but also the risks of underlying asset declines and limited liquidity due to unlisted status.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)