Kyobo Securities Prospectus for 29.79 Billion Won Equity-Linked Securities Becomes Effective, Non-Principal Protected Structure Linked to Underlying Assets
Kyobo Securities made effective the prospectus for its 12627th to 12629th series of equity-linked securities totaling 29.79 billion won on July 22 2026 with subscription scheduled for August 3 2026 only.
These non-principal protected equity-linked securities are linked to KOSPI200 index Samsung Electronics common stock and SK Hynix common stock classified as low risk grade 5 and ordinary risk grade 4. They guarantee principal at maturity or upon early redemption but may incur losses depending on market conditions.
The proceeds will be used for hedging transactions in underlying assets and derivatives as well as investments in financial products to ensure stable payment of redemption amounts.
Kyobo Securities holds credit ratings of AA- from both Korea Ratings and NICE Investors Service indicating strong creditworthiness.
[AI Summary]Kyobo Securities issuance of 29.79 billion won in equity-linked securities is a routine financing activity with no dilution risk and proceeds used for hedging. With AA- ratings credit risk is low but investors should be aware of potential principal loss due to underlying asset price fluctuations.