Yuanta Securities Announces 14 Billion KRW Public Offering of Four Derivative-Linked Securities Including Early Redemption ELS
[Asia Economy Reporter Lee Seon-ae] Yuanta Securities announced on the 23rd that it will publicly offer four types of derivative-linked securities, including early redemption ELS, totaling 14 billion KRW until the 26th.
ELS No. 4714 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on the KOSPI200 index and Samsung Electronics common stock as underlying assets. 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 yield 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, it will be redeemed at maturity with a pre-tax yield of 15.90% (annual 5.30%). However, if conditions are not met, the maximum loss rate is -100%.
ELS No. 4715 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on the KOSPI200 index and Shinhan Financial Group common stock as underlying assets. 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 yield of 7.80%.
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 yield of 23.40% (annual 7.80%). However, if conditions are not met, the maximum loss rate is -100%.
ELS No. 4716 is a principal non-guaranteed product with a maturity of 3 years and an early redemption cycle of 6 months. It is based on FACEBOOK and AMD listed on the U.S. stock market as underlying assets. If all underlying assets are at or above 80% (6 months, 12 months), 75% (18 months, 24 months, 30 months), and 70% (36 months) of the initial reference price, it will be redeemed early or at maturity with a pre-tax annual yield of 11.00%.
Even if early redemption does not occur, if none of the underlying assets fall below 40% of the initial reference price during the investment period, it will be redeemed at maturity with a pre-tax yield of 33.00% (annual 11.00%). However, if conditions are not met, the maximum loss rate is -100%.
In addition, ELS No. 4713, based on the KOSPI200, S&P500, and EuroStoxx50 indices, will also be publicly offered.
At Yuanta Securities nationwide branches, website, HTS, and MTS, ELS No. 4713 can be subscribed from a minimum of 100,000 KRW in units of 100,000 KRW, and ELS Nos. 4714 and 4715 can be subscribed from a minimum of 1 million KRW in units of 100,000 KRW.
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ELS No. 4716 is an online-only product and can be subscribed from a minimum of 1 million KRW in units of 100,000 KRW via the website, HTS, and MTS.
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