Shinyoung Securities Issues 8 Tranches of DLS/ELB Total KRW 327.9bn (Linked to KOSPI200/S&P500)

Shinyoung Securities issues 8 tranches of equity-linked securities (ELB/DLS) totaling KRW 327,948,592,000 on May 22, 2026.
Tranches 858-860 and 862-863 are linked to KOSPI200; 861 and 864 to S&P500; 865 to KOSPI200; 864-865 are USD-denominated.
Tranche 858: 4.55% p.a. (barrier 80%), Tranche 859: 5.25% p.a. (barrier 85%), Tranche 860: 6.10% p.a. (barrier 90%) with autocall and maturity redemption.
Tranche 861: pays 3.21% p.a. if S&P500 >=500% of initial, 3.20% p.a. otherwise; principal protected.
Tranches 862-863: monthly coupon conditions (barriers 75% and 80% respectively), autocall/maturity at par. Coupon yields 5.94% p.a. and 6.69% p.a.
Tranche 864: USD-denominated, pays 3.81% p.a. if S&P500 >=500%, 3.80% p.a. otherwise; principal protected.
Tranche 865: USD-denominated, linked to KOSPI200, 7.50% p.a. (barrier 90%); principal repaid if final <90%.
Issuer credit rating AA- (Korea Ratings, NICE, May 14, 2025). Notes are not protected by depositor insurance.
Proceeds used for hedging. Each tranche size approx. KRW 49.75-49.95 billion or USD 9.99-9.95 million.

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