Kiwoom Securities Prospectus for KRW 119.4 Billion ELB Issuance Takes Effect No Equity Dilution
Kiwoom Securities prospectus for issuing six series of equity-linked bonds from 1294th to 1299th totaling KRW 119.4 billion became effective on July 15, 2026.
This public offering targets Hana Bank trust clients with subscription and payment on July 27, 2026.
The raised funds will be used for hedging purposes including underlying asset trading and derivatives transactions to ensure stable repayment.
[AI Summary]This is a debt financing via principal-guaranteed ELB backed by Kiwoom's AA credit rating, causing zero dilution to existing shareholders. Funds are deployed for standard hedging operations, and the issuer's strong financial health and credit profile keep issuer risk low.