Eugene Investment & Securities Issues KRW 500 Million Series 731 ELB
Eugene Investment & Securities issues Series 731 Equity Linked Bond (ELB) worth KRW 500 million (face value KRW 10,000 per security, 50,000 securities).
Principal-protected structure: annual pre-tax yield of 3.451% if the underlying closes at or above 500% of initial price at maturity, otherwise 3.450%.
Underlying asset: common stock of Korea Electric Power Corporation (KEPCO). Maturity date: May 28, 2027; valuation date: May 26, 2027.
The bond is unlisted and subscription is limited to retirement pension funds.
Early redemption possible with accrued interest at 2.45% p.a. (or 3.45% for special reasons), but may result in principal loss.
Issuer credit rating: A (Stable); not covered by depositor protection.