Shinyoung Securities to Issue Three High-Risk ELS Totaling KRW 123.4 Billion
- Shinyoung Securities (credit rating AA-) publicly offers three high-risk non-principal-protected ELS linked to KOSPI200, S&P500, and EuroStoxx50
- Total offering amounts to approximately KRW 123.4 billion (12709: KRW 49.5B, 12711: KRW 59.4B, 12724: USD 9.9M ~ KRW 14.56B)
- Issue 12709: 7.40% p.a., autocall barrier 65%, final barrier 60%, 3-year maturity, max principal loss 100%
- Issue 12711: 9.20% p.a., autocall barrier 70%, final barrier 60%, 3-year maturity, max principal loss 100%
- Issue 12724 (USD-denominated): 10.30% p.a., autocall barrier 70%, final barrier 60%, 3-year maturity, max principal loss 100%, additional FX risk
- Historical simulation shows high autocall probability: 98.8% for 12709, 97.9% for 12711 and 12724
- Classified as high-complexity financial product; cooling-off period for retail investors; not covered by depositor protection; not listed
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KOSPI Filing Information
- Filing: Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)
- Company: Shinyoung Securities (001720)
- Submission: Shinyoung Securities Co., Ltd.
- Receipt: 05-07-2026