Shinyoung Securities Issues 6 ELB Series Totaling KRW 263.2B, Linked to Samsung Electronics and KOSPI200

Shinyoung Securities issues 6 series (866-871) of Equity-Linked Bonds (ELB) totaling KRW 263,245,160,000 through subscription on May 22, 2026.
Issuer credit rating: AA- (Korea Ratings, NICE Ratings, as of May 14, 2025).
Underlying assets are Samsung Electronics common stock (4 series) and KOSPI200 Index (2 series); all are principal-protected (principal repaid if barrier of 75-85% not breached).
Annual yields per series: 866th 5.00% (Samsung, barrier 75%), 867th 4.55% (KOSPI200, barrier 80%), 868th 5.80% (Samsung, barrier 80%), 869th 5.25% (KOSPI200, barrier 85%), 870th 5.82% p.a. (Samsung, monthly coupon, barrier 85%), 871st 5.60% (Samsung USD, barrier 75%).
Maturity 3 years (May 24, 2029); not listed; early redemption at 90-95% of fair value may result in principal loss.
Underlying Samsung Electronics disclosed a share cancellation decision (36,552,501 shares) on Mar 31, 2026, reflecting shareholder return policy.