ELS Public Offering Worth 18 Billion Won in Four Types

Yuanta Securities Announces Public Offering of 4 Derivative-Linked Securities Investing in Tesla, Samsung Electronics, and More View original image


[Asia Economy Reporter Minwoo Lee] Yuanta Securities is offering four types of derivative-linked securities investing in Tesla, Samsung Electronics, and POSCO, totaling 18 billion KRW.


Yuanta Securities announced on the 2nd that it will offer ELS No. 4598, 4599, 4600, and 4601 until the 4th.


ELS No. 4599 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, early or maturity redemption occurs with a pre-tax annual return of 6.00%. 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, maturity redemption is made with a pre-tax return of 18.00% (6.00% annually). However, if conditions are not met, the maximum loss rate is -100%.


ELS No. 4600 is a 3-year maturity, 6-month early redemption cycle principal non-guaranteed product. It is based on the KOSPI 200 index and POSCO 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, early or maturity redemption occurs with a pre-tax annual return of 8.00%. Even if early redemption does not occur, if none of the underlying assets fall below 55% of the initial reference price during the investment period, maturity redemption is made with a pre-tax return of 24.00% (8.00% annually). Similarly, if conditions are not met, the maximum loss rate is -100%.


ELS No. 4601 is a 1-year maturity, 3-month early redemption cycle principal partial payment product. It is based on the KOSPI index and Tesla, listed on the U.S. Nasdaq market. If all underlying assets are at or above 99% (3 months, 6 months, 9 months) of the initial reference price, early redemption occurs with a pre-tax annual return of 11.10%. 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 is paid according to the lowest performing underlying asset’s rate of increase. 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. 4598, based on the S&P 500, Euro Stoxx 50, and Nikkei 225 indices, is also being offered.



Subscriptions can be made at Yuanta Securities nationwide branches, the website, Home Trading System (HTS), and Mobile Trading System (MTS). ELS No. 4598 can be subscribed from a minimum of 100,000 KRW in units of 100,000 KRW. ELS No. 4599, 4600, and 4601 can be subscribed from a minimum of 1,000,000 KRW in units of 100,000 KRW. For more details, please contact the website or customer center.


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

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