Kiwoom Securities Launches 30 Billion KRW Public Offering of 683rd Dream ELB Linked to Samsung Electronics with 3.75% Annual Return
Kiwoom Securities is publicly offering the 683rd Kiwoom Dream ELB linked to Samsung Electronics common stock with a total offering amount of 30 billion KRW, subscription starting July 10, 2026.
This principal-guaranteed ELB is classified as low risk grade 5 and offers a pre-tax annual return of 3.75% to 3.751% at maturity.
The issuer Kiwoom Securities holds an AA credit rating from KIS, KMC, and NICE as of June 30, 2026, and the offering may be cancelled if total subscriptions fall below 500 million KRW.
Proceeds will be partially used for hedging transactions including underlying asset trading and derivatives trading to ensure stable repayment.
Kiwoom recorded a standalone net profit of 1.099 trillion KRW in 2025 and 443.2 billion KRW in Q1 2026, demonstrating solid profitability.
This debt issuance does not dilute existing shareholder equity as it creates no new shares.
[AI Summary]Kiwoom Securities' 683rd ELB issuance is a small-scale principal-guaranteed public offering by an AA-rated blue-chip issuer with low credit risk and no shareholder dilution. The fixed annual return of 3.75% linked to Samsung Electronics offers a stable investment, though the actual return is competitive relative to market rates. The issuer's financial health is robust with unqualified audit opinions, ensuring investor confidence.