Shin Young Securities Issues 3 Types of Non-Principal Protected ELS Totaling KRW 123.4 Billion
- Shin Young Securities (credit rating AA-) issued three types of Equity-Linked Securities (ELS) totaling KRW 123,457,950,000 on May 7, 2026.
- Series 12709: KRW 49.5 billion, linked to KOSPI200/S&P500/EuroStoxx50, 3-year maturity, auto-call barrier 65% (7.40% p.a.), non-principal protected (high risk).
- Series 12711: KRW 59.4 billion, same underlying assets, barrier 70% (9.20% p.a.), non-principal protected (high risk).
- Series 12724: USD 9.9 million (approx. KRW 14.56 billion), same underlying assets, barrier 70% (10.30% p.a.), non-principal protected (very high risk), USD settlement.
- All series: if any underlying falls below 60% of initial price at maturity, up to 100% principal loss possible.
- Unlisted and not covered by deposit insurance. Early redemption at 95% of fair value (90% within 6 months) but may incur loss.
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Issuance may be cancelled if total subscription
- Proceeds used for hedging. Issuer credit risk exists.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Shinyoung Securities (001720)
- Submission: Shinyoung Securities Co., Ltd.
- Receipt: 05-07-2026