KIWOOM Securities' 30 Billion KRW Samsung Electronics-Linked Principal-Guaranteed ELB Becomes Effective, One-Day Subscription on July 16
The securities report for KIWOOM Securities' 684th Dream Public Offering Equity-Linked Bond became effective on July 6, 2026.
It is a 1-year principal-guaranteed product linked to Samsung Electronics common stock offering an annual return of approximately 3.75%.
Total size is 30 billion KRW at 10,000 KRW per security with subscription limited to retirement pension accounts on July 16 only.
The issuer KIWOOM Securities has an AA credit rating but this product is not covered by deposit insurance and repayment depends on the issuer's solvency.
As a debt issuance, this offering does not dilute existing shareholders' equity.
[AI Summary]The prospectus for KIWOOM Securities' 30 billion KRW principal-guaranteed ELB has become effective. While it offers a fixed 3.75% annual return backed by an AA-rated issuer, it is a retirement pension-only product with limited liquidity and carries credit risk of the issuer.