Samsung Electronics, Netflix, Tesla, and others as Underlying Assets

Yuanta Securities, Public Offering of 18 Billion KRW for 4 Types Including Overseas Stock ELS View original image


[Asia Economy Reporter Minwoo Lee] Yuanta Securities is offering four types of derivative-linked securities based on domestic and international stocks such as Samsung Electronics, Tesla, and Netflix, with a total public offering amount of 18 billion KRW.


Yuanta Securities announced on the 28th that it is accepting subscriptions for these early redemption-type equity-linked securities (ELS) until the 31st.


First, ELS No. 4580 is a 3-year maturity, 6-month early redemption cycle, principal non-guaranteed product. It is based on the KOSPI 200 index and Samsung Electronics common stock. If all underlying assets are at or above 92% (6 months), 90% (12 months), 85% (18 months, 24 months), and 80% (30 months, 36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 6.30%. Even if early redemption does not occur, if none of the underlying assets fall below 60% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 18.90% (6.30% annually).


ELS No. 4581 is a 3-year maturity, 6-month early redemption cycle, principal non-guaranteed product. It is based on Samsung Electronics common stock. If the underlying asset is at or above 92% (6 months, 12 months), 90% (18 months), 85% (24 months), and 80% (30 months, 36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 6.00%. Even if early redemption does not occur, if the underlying asset does not fall below 60% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 18.00% (6.00% annually). Both ELS No. 4580 and No. 4581 have a maximum loss rate of -100% if conditions are not met.


ELS No. 4582 is a 1-year maturity, 3-month early redemption cycle, principal partial payment product. It is based on Tesla and Netflix, which are listed on the US stock market. If all underlying assets are at or above 99% (3 months, 6 months, 9 months) of the initial reference price, it will be redeemed early with a pre-tax annual return of 13.50%. Even if early redemption does not occur, if the maturity evaluation price of all underlying assets is at or above the initial reference price at maturity, the return will be paid according to the lowest growth rate among the underlying assets. If any of the underlying assets fall below the initial reference price, principal loss may occur, but the maximum loss rate is limited to -10%. Additionally, ELS No. 4579, based on the KOSPI 200 and Nikkei 225 indices, is also being offered.



Subscriptions are available at Yuanta Securities nationwide branches, the website, Home Trading System (HTS), and Mobile Trading System (MTS). ELS No. 4579 can be subscribed from a minimum of 100,000 KRW in units of 100,000 KRW, while ELS No. 4580, No. 4581, and No. 4582 can be subscribed from a minimum of 1,000,000 KRW in units of 100,000 KRW. For more details, please inquire through the website or customer center.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing