Samsung Securities disclosed the subscription and allocation results for its Equity Linked Securities series 31141 to 31164 via the Securities Issuance Performance Report dated July 3, 2026.
The issuance was conducted as a direct offering. The total actual funds raised were approximately 17.8 billion KRW, compared to the planned aggregate of 385 billion KRW, resulting in a subscription rate of only 4.6%. Most series were undersubscribed, with some series like 31150 receiving no subscriptions.
All raised funds will be used for hedging purposes, including purchasing similar securities or investing in underlying assets and derivatives to manage risks.
[AI Summary]Samsung Securities' ELS issuance results reflected weak market demand with low subscription rates, but since these are debt-like instruments, there is no dilution to existing equity. The capital allocation follows standard hedging practices, limiting the impact on the company's growth or credit profile.