Hanwha Investment & Securities Issues 150 Billion KRW in ELBs Linked to Tesla, SK Hynix, and Micron
Hanwha Investment & Securities offers three series of ELBs linked to Tesla, SK Hynix, and Micron Technology, totaling 150 billion KRW (50 billion each).
Series 133 (Tesla): 6-month maturity, Knock-In 130% structure, max return 15% (pre-tax), no principal loss at maturity.
Series 134 (SK Hynix): 3-year maturity, monthly coupon 1.15% (conditional, barrier 90%), auto-call barrier 95%, max return 41.40%, no principal loss at maturity.
Series 135 (Micron): 6-month maturity, Knock-In 140% structure, max return 20% (pre-tax), no principal loss at maturity.
Issuer credit rating AA- (Dec 2025, NICE), unsecured, not covered by deposit insurance.
Unlisted securities; liquidity risk, possible principal loss on early redemption, conflict of interest (issuer as calculation agent).
Subscription period: May 11-13, 2026; online only; minimum subscription 100,000 KRW; issuance may be cancelled if total subscription < 1 billion KRW.