Kiwoom Securities Issues 1273th ELB Series 9.95 Billion KRW Underlying Samsung Electronics Stable AAA Rated Credit AA
Kiwoom Securities has finalized the issuance of its 1273th Equity-Linked Bond ELB through a shelf registration additional filing. The offering size is 9.95 billion KRW with Samsung Electronics common stock as the underlying asset. The product is a principal-guaranteed type classified as risk level 5 low risk with maturity on July 18 2029.
This ELB issuance size represents only 0.11% of Kiwoom Securities market cap of 8.996 trillion KRW resulting in negligible dilution. The bonds are backed by the issuer's AA credit rating confirmed by Korea Ratings NICE Investors Service and Korean Credit Rating as of June 30 2026.
The shelf registration became effective on November 29 2025 with an issuance period through November 27 2026. Proceeds from this issuance will be used for hedging transactions in the underlying assets and investments in financial products.
[AI Summary]Kiwoom Securities 1273th ELB issuance is a structured product that does not cause capital erosion or shareholder dilution. With AA credit rating and strong financial health the bond offers stable investment but is not covered by depositor protection. The small offering size has minimal market impact but supports product diversification.