Yuanta Securities Launches New Public Offering of Three ELS Worth 11 Billion KRW

[Asia Economy Reporter Minwoo Lee] Yuanta Securities is offering a public subscription for three types of derivative-linked securities totaling 11 billion KRW.

Yuanta Securities announced on the 21st that it will newly offer three early redemption-type equity-linked securities (ELS): ELS No. 4538, ELS No. 4539, and ELS No. 4540.

ELS No. 4538 is a non-principal-guaranteed product with a 3-year maturity and a 4-month early redemption cycle. It is based on the S&P 500, Euro Stoxx 50, and Nikkei 225 indices. If all underlying assets are at or above 90% of the initial reference price at 4, 8, and 12 months; 85% at 16, 20, and 24 months; 80% at 28 and 32 months; and 78% at 36 months, it will be redeemed early or at maturity with an annual yield of 7.02%. Even if early redemption does not occur, if none of the underlying assets fall below 45% of the initial reference price during the investment period, it will be redeemed at maturity with a yield of 21.06% (7.02% annually).

ELS No. 4539 is a non-principal-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. The underlying assets are the KOSPI index and Samsung Electronics common stock. If all underlying assets are at or above 90% of the initial reference price at 6 and 12 months; 85% at 18 and 24 months; and 80% at 30 and 36 months, it will be redeemed early or at maturity with an annual yield of 6.30%. 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, it will be redeemed at maturity with a yield of 18.90% (6.30% annually).

ELS No. 4540 is also a non-principal-guaranteed product with a 3-year maturity and a 6-month early redemption cycle. It is based on the KOSPI 200 index and Samsung Electronics common stock. If all underlying assets are at or above 92% of the initial reference price at 6 months; 90% at 12 months; 85% at 18 and 24 months; and 80% at 30 and 36 months, it will be redeemed early or at maturity with an 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 yield of 23.40% (7.80% annually).

ELS No. 4538 can be subscribed starting from a minimum of 100,000 KRW in increments of 100,000 KRW. ELS No. 4539 and No. 4540 can be subscribed starting from a minimum of 1,000,000 KRW in increments of 100,000 KRW. These products are not protected by the Korea Deposit Insurance Corporation under the Depositor Protection Act and may incur principal losses depending on fluctuations in the underlying assets.

Subscriptions can be made at Yuanta Securities nationwide branches, via the website, or through the Home Trading System (HTS) and Mobile Trading System (MTS). For more details, please refer to the website or contact the customer center.