NH Investment & Securities Issues Three Series of Principal-Protected ELS Totaling KRW 39.4 Billion for Hedging and Stable Redemption
NH Investment & Securities issues three series of principal-protected ELS on April 15, 2026: series 24648, 24649, and 24650, totaling approximately KRW 39.4 billion.
Series 24648 is KRW 9.9 billion, linked to KOSPI200, S&P500, EuroStoxx50, offering up to 9.000% annual return with a maximum loss of -100%.
Series 24649 is USD 9.9 million foreign currency product with same underlyings, up to 8.300% annual return and -100% max loss.
Series 24650 is USD 9.9 million with S&P500, NIKKEI225, EuroStoxx50, up to 6.500% annual return and -100% max loss.
All securities are unlisted, not protected by depositor insurance, and classified as high-difficulty financial investment products.
Proceeds will be used for hedging, purchase of high-grade bonds, and deposits to ensure stable redemption.
The issuer's credit rating is AA+, and investors should consider financial soundness.
[AI Summary]NH Investment & Securities issues three ELS series totalling KRW 39.4 billion, a routine funding operation for hedging and asset management. No direct impact on existing shareholders. Investment risk primarily stems from underlying asset price movements rather than issuer credit risk given its AA+ rating.