Yuanta Securities, 22 Billion KRW Public Offering of Overseas Stock ELS and More
Using Domestic and International Indexes and US Stocks as Underlying Assets
[Asia Economy Reporter Minwoo Lee] Yuanta Securities is launching five derivative-linked products based on domestic and international indices and U.S. stocks as underlying assets.
Yuanta Securities announced on the 3rd that it will offer five derivative-linked products, including overseas stock partial payment equity-linked securities (ELS), with a total public offering amount of 22 billion KRW until the 6th.
ELS No. 4641 is a non-principal-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. The underlying assets are 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 5.30%. 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, maturity redemption is made with a pre-tax return of 15.90% (annual 5.30%). However, if conditions are not met, the maximum loss rate is -100%.
ELS No. 4642 is a non-principal-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. The underlying assets are 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 7.00%. 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 21.00% (annual 7.00%). Similarly, if conditions are not met, the maximum loss rate can be -100%.
ELS No. 4643 is a principal partial payment product with a 3-year maturity and a 6-month early redemption cycle. The underlying assets are the KOSPI 200 index and Tesla and Nvidia listed on the U.S. stock market. If all underlying assets are at or above 90% (6 months, 12 months), 85% (18 months, 24 months), 80% (30 months), and 75% (36 months) of the initial reference price, early or maturity redemption occurs with a pre-tax annual return of 7.80%. Even if early redemption does not occur, if none of the underlying assets fall below 50% of the initial reference price during the investment period, maturity redemption is made with a pre-tax return of 23.4% (annual 7.80%). However, if conditions are not met, the maximum loss rate is -20%.
In addition, Yuanta Securities is offering ELB No. 192, a principal-guaranteed derivative-linked bond based on the KOSPI 200 index, and ELS No. 4640, based on the KOSPI 200, S&P 500, and Euro Stoxx 50 indices.
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Subscriptions are available at Yuanta Securities nationwide branches, the website, Home Trading System (HTS), and Mobile Trading System (MTS). ELB No. 192 and ELS No. 4640 can be subscribed from a minimum of 100,000 KRW in units of 100,000 KRW. ELS Nos. 4641, 4642, and 4643 can be subscribed from a minimum of 1,000,000 KRW in units of 100,000 KRW. For more details, please refer to the website or contact the customer center.
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