KIWOOM Securities ELB Issuance Performance Report Series 1282-1286 Partial Subscription and One Cancellation Funds Raised 17.8 Billion Won
KIWOOM Securities reported the issuance results for four equity-linked derivative bonds ELB from series 1282 to 1286 on July 20, 2026.
For series 1282 linked to POSCO Holdings, only 0.2 billion won was subscribed out of 9.9 billion won target resulting in a 2% small issuance. Series 1283 and 1284 linked to Samsung Electronics each targeted 19.9 billion won and achieved subscriptions of 2.3 billion won and 15.4 billion won respectively leading to partial issuances.
Series 1286 was cancelled due to insufficient subscription and fully refunded. Total actual funds raised amount to approximately 17.9 billion won and will be used for hedging transactions related to these products.
The ELB issuance is a debt-based fundraising that does not dilute existing shareholders equity and therefore has a neutral impact on shareholder value.
[AI Summary]This performance report finalizes the issuance results of KIWOOM Securities ELB program with three out of four series partially subscribed and one cancelled. The small scale and hedging purpose of the funds limit the impact on the companys capital structure or growth trajectory. No new shares were issued so there is no dilution risk for existing shareholders.