Kiwoom Securities Decides to Issue 30 Billion Won in Principal-Guaranteed Equity-Linked Bonds 684th Series, Issuer Maintains AA Credit Rating
On July 6, 2026, Kiwoom Securities confirmed the public offering of its 684th Kiwoom Dream Public Offering Derivative-linked Bond equity-linked bond through a supplementary batch filing.
The issuance amounts to 30 billion won with Samsung Electronics common stock as the underlying asset and a maturity of one year until July 16, 2027.
The security is a principal-guaranteed low-risk grade 5 product offering a pre-tax yield of 3.75% per annum with principal protection at maturity.
The issuer Kiwoom Securities maintains an AA credit rating as of June 30, 2026, from all three major Korean credit rating agencies Korea Ratings, Korean Credit Rating, and NICE Investors Service.
Proceeds will be used for hedging transactions including underlying asset trading and over-the-counter derivatives to ensure stable repayment under the issuance terms.
Kiwoom Securities posted a consolidated net profit of 1,114.9 billion won in 2025 with a solid equity base of 6,722.4 billion won.
This derivative bond is not protected by the Depositor Protection Act and investors may suffer principal loss, so caution is advised.
[AI Summary]Kiwoom Securities' 684th ELB issuance carries very low credit risk due to the AA rating and small 30 billion won size. The use of proceeds for hedging makes it defensive rather than growth-oriented, but the principal-guaranteed structure ensures investor protection. While upside is limited, it is suitable as a stable short-term investment product.