KIWOOM Securities Effective Issuance of 11 ELS Series Worth 75.4 Billion KRW, High-Risk Non-Principal-Protected Products Offered
KIWOOM Securities announced on July 2, 2026 that the registration statement for 11 series of New Global 100 trillion Derivative-Linked Securities ELS totaling 75.4 billion won became effective.
All products are non-principal-protected very high risk rated with underlying assets including KOSPI200 index Tesla Micron Technology Palantir Broadcom SK Hynix Samsung Electronics AMD and others.
The raised funds will be used for hedging underlying assets and investing in financial instruments and KIWOOM maintains an AA credit rating indicating stable repayment capacity.
[AI Summary]This ELS issuance by KIWOOM Securities is a debt-like fundraising of approximately 75.4 billion won with negligible dilution impact on existing shareholders and the use of proceeds is standard hedging activity. While the AA credit rating lowers issuer risk investors should be cautious as these are high-complexity products with potential total loss of principal.