Mirae Asset Securities Files Supplementary Shelf Registration for KRW 30 Billion in DLS, Capital Raising Backed by AA Credit Rating
Mirae Asset Securities submitted a supplementary shelf registration statement to the Financial Supervisory Commission on July 3, 2026 for three series of DLS totaling KRW 30 billion. This issuance is within the existing shelf registration period and represents routine funding activity without new issuance conditions or financial changes.
Each DLS product is offered at KRW 10 billion, classified as 99% principal-protected moderate risk level 4, linked to the 3-month Korean Treasury bond rate. Maturities are 6, 9, and 12 months respectively. Investors may earn annual returns of 3.15% to 3.65% if the rate stays below 8%, or incur a 1% loss if it reaches 8% or above. Proceeds will be used for hedging in underlying asset and derivatives transactions.
Mirae Asset Securities maintains an AA credit rating from all three major domestic agencies including NICE Credit Rating. Its consolidated net capital ratio stands at 3,437%, indicating exceptional financial soundness. For fiscal year 2025, the company reported standalone net profit of KRW 595.1 billion and equity capital of KRW 10.41 trillion, demonstrating stable profitability.
The company continues shareholder return policies with a KRW 300 cash dividend per share and 0.73% stock dividend for 2025, and announced a KRW 100 billion share buyback and cancellation plan in January 2026, alongside this DLS issuance.
This DLS offering is an administrative step under the existing shelf registration. Given Mirae Asset Securities' strong credit profile and robust financial health, investor protection appears adequate.
[AI Summary]Mirae Asset Securities issues KRW 30 billion in DLS backed by its AA credit rating under a routine shelf registration, posing no dilution risk to shareholders. The company's net capital ratio exceeding 3,400% limits principal loss, though these products are not deposit-protected and carry a maximum 1% loss scenario at maturity.
KOSPI Filing Information
Additional Document for Shelf Registration (Other Derivative-Linked Securities)