NH Investment & Securities Reports Issuance of 2.544 Billion Won in Equity-Linked Bonds (Series 2802)
NH Investment & Securities completed issuance of Series 2802 equity-linked bonds (ELB), actual funds raised: 2.544 billion won (below planned 4 billion won in registration statement)
Redemption conditions: 103.321% of face value if underlying assets ≥300% of initial price, else 103.320% (annual yield ~3.32%)
Issuance costs: issuance fee of 127,200 won, no underwriting fee
Proceeds to be used for hedging transactions (derivatives and stocks)