Mirae Asset Securities Confirms Issuance of 10 Billion KRW Principal-Protected ELB Offering Monthly Coupon of 9.75% Annually
Mirae Asset Securities confirmed the issuance of its 4021st series ELB worth 10 billion KRW with the registration statement becoming effective on July 3, 2026.
The underlying assets are KOSPI200 and SK Hynix; it is a low-risk principal-protected product that pays annualized 9.75% monthly if each underlying stays above 70% of its initial price.
The issuer maintains a solid AA credit rating and plans to use the proceeds for hedging and financial investment.
[AI Summary]This ELB issuance is a routine debt offering raising a small amount with no equity dilution, having limited impact on existing shareholder value. While the principal-protected structure offers stable income potential, investors are exposed to the issuer's credit risk.