Issuance of 3 ELS Products Worth KRW 120 Billion… Max Annual Yield 30.8%, Unprotected Principal High-Risk

Shinyoung Securities publicly offers three ELS products (issues 12748, 12749, 12750) totaling KRW 120 billion (KRW 50 billion, 50 billion, and 20 billion each).
Issue 12748 is linked to Samsung Electronics and SK Hynix, offering an annual yield of 30.80% (pre-tax) with a knock-in barrier of 35% and a maturity barrier of 65%. Historical simulation shows 84.12% early redemption at first call and 0.522% loss probability.
Issue 12749 is linked to the KOSPI200 index and Samsung Electronics, offering an annual yield of 17.00% (pre-tax) with a knock-in barrier of 35% and a maturity barrier of 65%. Historical simulation shows 96.598% early redemption at first call and no loss cases.
Issue 12750 is linked to the KOSPI200 index, Kia, and Korea Electric Power, offering an annual yield of 24.00% (pre-tax) with a knock-in barrier of 40% and a maturity barrier of 70%. Historical simulation shows 80.799% early redemption at first call and 3.419% loss probability.
All products are principal-unprotected and classified as very high risk. Losses may exceed 20% of principal at maturity or early redemption, and total loss is possible if underlying assets fall to zero.
These securities are not listed on the Korea Exchange. Early redemption is available at 95% of fair value (90% for the first 6 months) but may still incur principal loss. Issuer Shinyoung Securities has a credit rating of AA- (Korea Ratings, NICE Ratings); proceeds will be used for hedging.

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