Mirae Asset Securities Files 195 Billion Won ELS Batch Registration, Credit Rating AA, Proceeds for Hedging
Mirae Asset Securities has made effective a batch filing of 18 Equity-Linked Securities (ELS) totaling 195 billion KRW as of July 10, 2026.
The ELS are linked to major indices such as EUROSTOXX50, S&P500, KOSPI200, HSCEI, NIKKEI225 and individual stocks including Samsung Electronics, SK Hynix, Applied Materials, Micron Technology, Tesla, and Palantir, with risk grades of 1 or 2.
Proceeds will be used for hedging transactions in underlying assets and derivatives, as well as financial investments.
The issuer, Mirae Asset Securities, carries a credit rating of AA from NICE, KIS, and KOREA INVESTORS SERVICE, indicating strong financial health.
[AI Summary]This transaction is part of the issuer's routine ELS issuance program, constituting debt financing without dilution of existing shareholders and with standard hedging purpose. The AA-rated issuer poses low counterparty risk, but investors are exposed to potential principal loss due to underlying asset price movements. The issuer's derivatives outstanding balance of 1.35 trillion KRW warrants close risk management.