Kyobo Securities, Hana Financial Group Principal-Protected ELB Public Offering Based on Underlying Assets
Kyobo Securities announced on the 4th that it will conduct a public offering of one type of Equity-Linked Bond (ELB) until the 8th.
Kyobo Securities ELB Series 333 is a principal-protected product based on Hana Financial Group common stock as the underlying asset. The maturity is 3 years, with early redemption opportunities every 6 months. If the closing price of the underlying asset on the automatic early redemption evaluation date is 102% or higher, an annual pre-tax return of 8.1% will be paid, and the bond will be redeemed early.
If the closing price of the underlying asset on the maturity evaluation date is below 102%, the principal will be paid, but early redemption may result in principal loss.
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Meanwhile, Kyobo Securities is running the '2023 Customer Appreciation Festa' event. Customers who subscribe to ELB Series 333 with 10 million KRW will receive a 10,000 KRW Kyobo Securities financial investment product voucher; those who subscribe with 30 million KRW will receive a 30,000 KRW voucher; and those who subscribe with 50 million KRW or more will receive a 50,000 KRW voucher. The minimum subscription amount for this product is 1 million KRW, and subscriptions can be made in units of 100,000 KRW.
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