Shinhan Financial Investment Announces Public Offering of ELS No. 21106... Provides 5% Annual Return

[Asia Economy Reporter Minji Lee] Shinhan Financial Investment announced on the 14th that it is offering the public subscription for ‘Shinhan ELS 21106’ until the 20th.

‘Shinhan ELS 21106’ is based on the Nikkei 225, S&P 500, and Euro Stoxx 50 indices, with a no-knock-in 3-year maturity and early redemption possible every 6 months if conditions are met.

On the early redemption evaluation dates, if the closing price of each underlying asset is at least 90% of the initial reference price (at 6 and 12 months), 85% (at 18 and 24 months), 80% (at 30 months), or 65% (at 36 months), a pre-tax annual return of 5% will be paid. Additionally, if during the first 12 months after issuance, none of the underlying assets’ prices fall below 85% of the initial reference price (based on closing price), a pre-tax annual return of 5% will be provided on the second early redemption evaluation date.

The minimum subscription amount is 1 million KRW, and subscriptions are available at Shinhan Financial Investment branches and online channels. Since the product’s return is linked to the prices of the underlying assets, if the underlying assets fail to meet the price conditions, principal loss (-35% to -100%) may occur.

Meanwhile, to commemorate the early redemption of ‘Shinhan ELS 20000’ within 6 months last December, Shinhan Financial Investment is offering a ‘Starbucks Pleasant Dessert Set’ coupon to all customers who subscribe to ELS with 100 million KRW or more at Shinhan Financial Investment by the 14th of next month.

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