KIWOOM Securities Reports Issuance Results for Series 1265-1267 Derivative-Linked Bonds, Raising 28.2 Billion KRW with No Equity Dilution
KIWOOM Securities disclosed that the issuance of its 1265th, 1266th, and 1267th equity-linked derivative bonds was completed via a securities issuance report on July 3, 2026.
The 1265th and 1266th series, based on Samsung Electronics common stock, each aimed to raise 1 billion KRW but achieved subscription rates of 14.80% and 12.14%, resulting in actual proceeds of 1.48 billion and 1.21 billion KRW respectively. The 1267th series, linked to the S&P 500 Index, planned to raise 7.6785 billion KRW but saw a subscription rate of 1.70%, yielding approximately 1.3 billion KRW.
These bonds are pure derivative instruments without equity conversion features, so no dilution of existing shareholders' equity occurs. Proceeds will be used for hedging transactions.
[AI Summary]KIWOOM Securities' derivative-linked bond issuance is small in scale, with negligible impact on stock price and corporate value. No dilution risk exists due to the absence of equity conversion, and the use of funds for hedging is part of normal business operations.