Shinyoung Securities filed a shelf registration supplement for the issuance of 'Plan Up 889th ELB (Equity-Linked Bond)' worth KRW 20 billion (2,000,000 shares, par value KRW 10,000 each).
Underlying asset: Samsung Electronics common stock; maturity: August 31, 2026; subscription period: May 22-27, 2026.
Issuer credit rating: AA- (by Korea Ratings and NICE Investors Service, as of May 15, 2026); this product is not protected by the Depositor Protection Act.
Redemption conditions: if the underlying price on maturity is >=500% of initial price, annual return 2.91%; otherwise, 2.90% (pre-tax).
The bonds are not listed; early redemption is possible at >=95% of fair value (>=90% for first 6 months) but may incur principal loss.