Shinyoung Securities Issues 13 ELBs Worth 148.2 Billion Won
- Shinyoung Securities issues 13 types of Equity-Linked Bonds (ELB) totaling 148,243,245,000 won on May 18, 2026.
- Subscription and payment date is May 18, 2026 only, with maturities ranging from August 2026 to May 2029 by series.
- Underlying assets include S&P500, KOSPI200, Samsung Electronics common stock, and SK Hynix common stock; some series are USD-denominated.
- Issuer credit rating is AA- (stable) assessed by Korea Ratings and NICE Ratings on May 14, 2025.
- All series are principal-protected (no knock-in) structures, paying principal plus contracted yield (2.75%~5.85% p.a.) at maturity or upon autocal.
- Investment risks include no deposit insurance protection, potential principal loss upon early redemption, FX risk, and issuer credit risk.
- Proceeds will be used for hedging transactions (futures/options on underlying, bond purchases, etc.).
- Minimum subscription amounts: KRW 3 million for won-denominated series, USD 1,000 for USD-denominated series; issuance may be cancelled if subscriptions fall short.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Shinyoung Securities (001720)
- Submission: Shinyoung Securities Co., Ltd.
- Receipt: 05-08-2026