Kiwoom Securities' ELB Series 1288-1290 Registration Effective, Total KRW 27.5 Billion Principal-Guaranteed Bonds
Kiwoom Securities has obtained the effectiveness of the securities registration for three series of Equity-Linked Bonds ELB from 1288 to 1290 on July 15, 2026.
Total offering amounts to approximately KRW 27.5 billion: Series 1288 and 1289 each KRW 10 billion based on Samsung Electronics common stock, and Series 1290 approximately KRW 7.5 billion based on S&P 500 index.
These ELBs are classified as low risk grade 5 for Series 1288 and 1289, and ordinary risk grade 4 for Series 1290, with a structure that guarantees repayment of principal at maturity.
The issuer Kiwoom Securities holds a credit rating of AA from Korea Investors Service, Korean Ratings, and NICE Investors Service as of June 30, 2026.
Proceeds will be used for hedging and risk management purposes including underlying asset trading.
[AI Summary]This filing marks the effectiveness of a shelf registration, resulting in a slight increase in financial leverage without equity dilution. The issuance size is only 0.34% of market capitalization, limiting financial impact, and the AA credit rating indicates low credit risk for investors.