KIWOOM Securities' 1278-1280th Derivative-Linked Bonds Take Effect, Raising 27.6 Billion Won for Hedging
KIWOOM Securities' registration statements for the 1278th, 1279th, and 1280th Equity-Linked Bonds became effective on July 9, 2026, with total proceeds of 27,659,000,000 KRW.
The 1278th and 1279th issues are principal-guaranteed ELBs linked to Samsung Electronics common stock, rated low risk grade 5, each amounting to 10 billion won with annual returns of 4.20%-4.21% and 5.00%-5.01% respectively.
The 1280th issue is a foreign currency-denominated ELB linked to the S&P500 index, rated ordinary risk grade 4, with a size of USD 5 million, and carries exchange rate risk.
KIWOOM Securities has an AA credit rating from Korea Ratings, Korea Investors Service, and NICE Investors Service as of June 30, 2026; these bonds are unsecured and not covered by deposit insurance.
Proceeds will be used for hedging transactions in underlying assets, derivatives, and investments in financial products.
KIWOOM's outstanding derivative-linked securities as of May 29, 2026 stood at approximately 3.39 trillion won for ELS/ELB and 1.88 trillion won for DLS/DLB.
[AI Summary]This prospectus represents a routine ELB issuance by KIWOOM Securities with limited direct impact on shareholder value; the AA-rated issuer is raising funds for hedging purposes under principal-guaranteed structures with no significant risk factors identified.