Kiwoom Securities Files Registration for 1281st Principal-Guaranteed Equity-Linked Bond Linked to Samsung Electronics with Annual 9.66% Monthly Coupon
Kiwoom Securities filed an additional registration statement on July 8 2026 for its 1281st Equity-Linked Bond worth 10 billion KRW. This product is a principal-guaranteed low-risk Grade 5 instrument linked to Samsung Electronics common stock.
The bond has a 3-year maturity until July 20 2029 and pays a monthly coupon of 0.805% annual 9.66% if the underlying stock closes at or above 65% of its initial reference price. Automatic early redemption occurs at 100% principal if the stock is at or above 70% on each evaluation date.
Subscription is limited to IBK Industrial Bank trust clients on July 16 2026. The issuer Kiwoom Securities holds AA credit ratings from Korea Ratings Korean Ratings and NICE Ratings all as of June 30 2026. This bond is not listed and has no conversion to equity.
The issuance is a standard principal-guaranteed derivative bond with zero dilution to existing shareholders. Proceeds will be used for hedging in underlying assets and derivatives and investment in financial products.
[AI Summary]Kiwoom Securities 1281st ELB offers a Samsung Electronics-linked monthly return of 9.66% with principal protection posing no dilution risk to shareholders. The AA-rated issuer uses the funds solely for hedging minimizing any adverse impact on capital health.