Yuanta Securities Announces Public Offering of Four Derivative-Linked Securities Worth 16 Billion KRW

KOSPI 200 Index, Amorepacific as Underlying Assets
Investment Products Also Include Tesla and Coca-Cola

[Asia Economy Reporter Minwoo Lee] Yuanta Securities is offering four types of derivative-linked securities worth 16 billion KRW through a public offering.

Yuanta Securities announced on the 11th that it will publicly offer four types of derivative-linked securities, including early redemption equity-linked securities (ELS), until the 13th.

ELS No. 4589 is a principal non-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. It is based on the KOSPI 200 index as the underlying asset. If the underlying asset is at or above 92% (6 months, 12 months), 90% (18 months, 24 months), and 85% (30 months, 36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual return of 4.00%. Even if early redemption does not occur, if the underlying asset has never fallen below 60% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 12.00% (4.00% annually). However, if conditions are not met, the maximum loss rate is -100%.

ELS No. 4590 is a principal non-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. The underlying assets are the KOSPI index and Amorepacific 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 8.00%. Even if early redemption does not occur, if none of the underlying assets have fallen below 55% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax return of 24.00% (8.00% annually). However, if conditions are not met, the maximum loss rate is -100%.

ELS No. 4591 is a principal partial payment product with a 1-year maturity and a 3-month early redemption cycle. The underlying assets are Tesla and Coca-Cola, both listed on the U.S. 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 13.40%. Even if early redemption does not occur, if at maturity all underlying assets’ final evaluation prices are at or above the initial reference price, the return will be paid based on the asset with the lowest rate of increase. If any of the underlying assets fall below the initial reference price, principal loss may occur. However, the maximum loss rate is limited to -10%.

Additionally, ELS No. 4588, based on the S&P 500, Euro Stoxx 50, and Nikkei 225 indices, is also being offered.

These products can be subscribed to at Yuanta Securities’ branches nationwide, on their website, and through the Home Trading System (HTS) and Mobile Trading System (MTS). ELS No. 4588 and No. 4589 can be subscribed to starting from 100,000 KRW in increments of 100,000 KRW. ELS No. 4590 and No. 4591 can be subscribed to starting from 1,000,000 KRW in increments of 100,000 KRW.

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