Mirae Asset Securities ELS Issuance Prospectus Takes Effect for 29.7 Billion Won, Credit Rating AA Maintained
Mirae Asset Securities disclosed that the investment prospectus for its 36685th ELS became effective on June 30, 2026.
The ELS is linked to EUROSTOXX50, S&P500, and KOSPI200 indices with a total offering of 29.7 billion won, issued at 9,900 won per note face value 10,000 won.
Maturity is July 20, 2029, with early redemption features; it is classified as a high-difficulty financial product with no principal protection.
Proceeds will be used for hedging underlying assets and derivative investments.
Mirae Asset Securities maintains a AA credit rating, but the structured product carries principal loss risk.
[AI Summary]This ELS issuance is routine capital raising with negligible impact relative to market cap, posing no direct dilution to shareholder value. While the issuer has a strong AA credit rating, the high-risk nature of ELS requires investor caution.