Mirae Asset Securities Reports Issuance Results for 36678th ELS Raised KRW 13.3 Billion at 44.87% Subscription Proceeds for Hedging
Mirae Asset Securities submitted a securities issuance report for the 36678th ELS on July 7 2026.
The product is a non-principal-protected ELS linked to EUROSTOXX50 S&P500 and KOSPI200 indices with a total offering of KRW 29.7 billion but actual subscriptions of KRW 13.3 billion reflecting a subscription rate of 44.87%.
The proceeds will be used for hedging transactions and purchases of high-quality bonds to ensure stable repayment at maturity.
The securities are unlisted and issued via electronic registration.
[AI Summary]Mirae Asset Securities raised funds without diluting shareholder equity but the low subscription rate indicates limited market demand. The use of proceeds is confined to hedging offering minimal growth catalyst.