Hanwha Investment & Securities Launches Subscription for Three Principal-Protected ELBs Totaling KRW 150 Billion
Hanwha Investment & Securities issues three series of Equity Linked Bonds (ELB) totaling KRW 150 billion
Each KRW 50 billion: Series 130 (Tesla, 6M), 131 (SK Hynix, 3Y), 132 (Micron, 6M)
All series guarantee 100% principal at maturity (subject to issuer credit), no early redemption protection
Series 130: Knock-Out barrier 130%, participation rate 50%, max return 15% (pre-tax)
Series 132: Knock-Out barrier 140%, participation rate 50%, max return 20% (pre-tax)
Series 131: Monthly coupon 1.10% (13.2% p.a.) conditional on SK Hynix above 90% of initial price; auto-call every 3 months at 95% barrier (principal only); principal guaranteed at maturity
Issuer credit rating AA- (NICE), unsecured, not covered by deposit insurance
Subscription: May 4-8, 2026; minimum investment KRW 100,000