Eugene Investment & Securities Launches Monthly-Paying Step-Down ELS

Eugene Investment & Securities will offer a monthly payment early redemption step-down equity-linked security (ELS) from the 13th to the 20th.

The '424th ELS' is a 3-year maturity principal non-guaranteed product based on the S&P 500 Index, Nikkei 225 Index, and Euro Stoxx 50 Index. Designed with a monthly payment structure, it offers a maximum pre-tax annual return of 8.07% upon meeting the conditions.

On each monthly payment evaluation date, if the closing prices of all underlying assets are at least 65% of the initial reference price, a pre-tax monthly return of 0.6725% is paid. Early redemption evaluation dates occur every six months, and according to the step-down structure, early redemption is triggered if the closing prices of all underlying assets are at least 95% (6 months), 90% (12 months), 85% (18 months), 80% (24 months), or 75% (30 months) of the initial reference price on the evaluation date.

This is a no knock-in structure. If, on the maturity evaluation date, the closing prices of all underlying assets are at least 65% of the initial reference price, the principal is repaid at maturity. However, if any one of the underlying assets falls below 65%, principal loss may occur.

Individual investors can participate in the offering from the 13th until 4:30 PM on the 17th, while corporations and professional investors can participate from the 13th until 4:30 PM on the 19th. The initial reference price is based on the closing prices of the underlying assets on the 21st.

The minimum subscription amount for the public offering product is 1 million KRW, and subscriptions can be made at Eugene Investment & Securities branches nationwide, as well as through the website, MTS, and HTS.

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