Kyobo Securities 12597th Series Low-Risk ELB Shelf Registration Effective for KRW 9.97 Billion, Credit Rating AA-
The additional registration statement for Kyobo Securities 12597th Series Low-Risk Equity-Linked Derivative Bonds became effective on July 8, 2026.
The total offering amount is KRW 9.97 billion, linked to the KOSPI200 index, offering a monthly coupon of up to 9.06% per annum with principal protection at maturity.
Proceeds will be used for hedging transactions and financial investments to support the product's obligations.
Kyobo Securities holds an AA- credit rating from KIS and NICE as of June 2026, and reported a consolidated net income of KRW 142.9 billion in 2025, reflecting stable financial health.
These bonds are unlisted derivative securities, subject to potential principal loss upon early redemption and not protected by the depositor protection act.
[AI Summary]Kyobo Securities' issuance of the 12597th ELB is a small-scale non-dilutive debt funding with strong credit quality and low default risk, but investors should be aware of liquidity constraints and coupon payment uncertainty due to market conditions.