Kyobo Securities Prospectus for 2.985 Billion KRW Principal-Protected ELB Series 12626 Linked to KOSPI200 Becomes Effective
Kyobo Securities' prospectus for the 12626th series of equity linked debt securities linked to KOSPI200 became effective on July 21, 2026.
The total offering amount is 2.985 billion KRW with a maturity of August 7, 2029 three years. The issue price is 9,950 KRW per security for a total of 300,000 securities.
These are principal-protected ELBs, paying 100% principal at maturity or early redemption. Monthly coupons of 0.6425% 7.71% annual are paid if KOSPI200 closes at or above 75% of the initial strike on monthly observation dates.
Kyobo Securities maintains a credit rating of AA- from KR and NICE, indicating stable creditworthiness.
Subscription is limited to trust customers of Jeju Bank and takes place on August 4, 2026. The securities are unlisted and early redemption may result in principal loss.
[AI Summary]This principal-protected ELB issuance by Kyobo Securities does not dilute existing shareholders and the proceeds will be used for hedging. The offering size is negligible relative to market capitalization, limiting impact on stock price. Investors should consider the AA- issuer credit risk and early redemption terms.