Shinyoung Securities Issues 150 Billion KRW in 3 Types of ELS: Non-Principal Protected High-Risk Products, Caution on Volatility
Shinyoung Securities publicly offers three ELS series (12754-12756) totaling 150 billion KRW (50 billion each) with subscription closing on June 8, 2026
Series 12754: KOSPI200 index, non-principal protected high risk; 12755: KOSPI200 + Samsung Electronics, very high risk; 12756: Tesla + Broadcom, very high risk
All products have 3-year maturity (June 12, 2029), are not listed, not covered by depositor protection, with potential principal loss up to 100%
Issuer credit rating: AA- (stable, by KIS and NICE as of May 15, 2026); unsecured and unguaranteed bonds
Proceeds used for hedging; issuance expenses total 2.5 million KRW (0.005% of offering amount)