Yuanta Securities Issues ELS Series 3193 Worth KRW 2.76 Billion (27.8% of Planned)

Yuanta Securities issued ELS Series 3193 (non-principal protected) worth KRW 2.759 billion, achieving only 27.8% of the planned KRW 9.92 billion.
Underlying assets: KOSPI200, S&P500, EuroStoxx50 indices. Maturity on May 3, 2029 (3-year product).
Auto early redemption conditions: 1st (80%), 2nd-4th (75%), 5th (70%) of initial strike price. Maturity redemption: if all above 60%, 36.6% return; else principal loss possible.
Direct offering without underwriter. Full allocation as total subscription did not exceed offer amount.
Proceeds used for hedging derivatives and trading of underlying assets.

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