Shinyoung Securities Issues KRW5 Billion Equity-Linked Derivative Bond
MT Newswires Live
Oct 06
Shinyoung Securities (KRX:001720) will issue 5 billion won in derivative-linked bonds, according to its prospectus filed with the bourse on Tuesday.
Subscription and payment are scheduled for Oct. 8, with a subscription deadline of 1 PM that day.
The product is classified as high-risk, does not guarantee principal, and is not covered by deposit protection.
Investors are warned of potential losses tied to underlying asset performance and the issuer's credit status, with Shinyoung Securities carrying an AA- credit rating.
The bond is not exchange-listed, and early redemption before maturity may result in returns below the original investment.
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