Shinyoung Securities Files for Issuance of DLS Series 312-316
Shinyoung Securities will issue 5 tranches (Series 312-316) of derivative-linked bonds (DLS) on May 22, 2026, with a single subscription day, within a total limit of KRW 1 trillion (remaining KRW 705.6 billion).
The bonds are unsecured, not covered by depositor protection, and not listed on any exchange, limiting liquidity.
Issuer credit rating is AA- (stable) as of May 14, 2025 (KIS and NICE).
Series 312-314 are KRW-denominated ordinary risk products with yields of 2.95%-3.21% p.a., linked to the 3-month Korean Treasury rate.
Series 315-316 are USD-denominated somewhat high risk products with yields of 3.60%-3.61% p.a., adding FX risk.
Early redemption is at the issuer's discretion at 90% or more of fair value, but principal loss may occur.
Proceeds will be used for hedging.
KOSPI Filing Information
Filing: Additional Documents for Shelf Registration (Other Derivative-Linked Bonds)