Hanwha Investment & Securities Issues KRW 440.9 Million Derivative-Linked Bond (ELB)

Hanwha Investment & Securities issued 'Hanwha Smart ON ELB No. 94' worth KRW 440.9 million (much lower than the reported KRW 5 billion)
Monthly coupon: 0.78% per month (9.36% p.a.) paid if the underlying asset is at or above 90% of the initial price
Automatic early redemption: 100% principal repaid on the 1st to 11th evaluation dates if the underlying is at or above 95%
Maturity: Full principal protection even if the underlying falls (principal-guaranteed structure)
Proceeds will be used for hedging purposes