Eugene Investment & Securities Announces Public Offering of Principal-Protected ELB Type 1

[Asia Economy Reporter Minji Lee] Eugene Investment & Securities announced on the 3rd that it will offer a total of 10 billion KRW worth of principal-protected special ELB Type 1 through a public offering until 2 PM on the 5th.

The newly launched "239th ELB" is a principal-protected product with a 3-month (95-day) maturity. It is based on the KOSPI 200 index as the underlying asset and is募集ed with a total scale of 10 billion KRW. Depending on the situation of the underlying asset at maturity, investors can earn a pre-tax annual return of up to 3.00% or at least 2.99%. If the underlying asset's maturity evaluation price on the maturity evaluation date is 50% or more of the initial reference price, a pre-tax annual return of 3.00% is provided; if it is less than 50% of the initial reference price, a pre-tax annual return of 2.99% is provided.

For the "239th ELB," the basic subscription limit per person is 500 million KRW, but if investors subscribe to matching products such as funds, ELS, wrap accounts, or trusts sold by Eugene Investment & Securities, they can subscribe up to 1 billion KRW depending on the amount of those products. Eugene Investment & Securities prepared this special ELB for customers who want safer products along with the special ELS products sold this year.

Kim Kyuhwan, Head of Financial Products at Eugene Investment & Securities, said, "Currently, there are products in the market that offer higher returns than this special ELB, but most have a low subscription limit of less than 1 million KRW," adding, "For customers looking for safe investment options in a low-interest-rate era, this ELB product, which offers a decent return and allows subscriptions up to 1 billion KRW when subscribing to matching products, deserves attention."

The minimum subscription amount for this public offering product is 10 million KRW or more (in increments of 10 million KRW) and can be subscribed through Eugene Investment & Securities branches nationwide. If the total募集 amount exceeds 10 billion KRW, allocation will be made proportionally based on the subscription amount.

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