Daishin Securities Issues 2 Low-Risk ELS Linked to S&P500 Totaling KRW 19.98B
Daishin Securities publicly offers two series of low-risk ELS linked to S&P500: 1026th (181-day maturity) and 1027th (364-day maturity), each KRW 9.99B (total KRW 19.98B)
Series 1026: annual return 3.00%~3.01% (3.01% if S&P500 ≥200% of initial, else 3.00%)
Series 1027: annual return 3.10%~3.11% (same structure)
Unlisted, not covered by depositor protection; early redemption may incur principal loss (≥95% of fair value, ≥90% within 6 months)
Issuer credit rating AA- (from Korea Ratings, Korean Credit Rating, NICE, 2025)
Proceeds to be used for hedging and investment in financial products