NH Investment & Securities Reports Issuance of 2.3 Billion Won ELS (Series 24686)

NH Investment & Securities completed issuance of ELS Series 24686 (total raised approx. 2.3 billion won, 9,920 units at 232,200 won each).
3-year maturity with semi-annual auto-call if each underlying asset's price is at least 70% of initial strike.
Auto-call yields: 4.65% (6 months) to 23.25% (30 months), implying simple annualized rate of about 9.3%.
At maturity, if all underlying >= 60% of initial, 27.9% return; if any <60%, principal loss proportional to worst decline.
Raised funds will be used for hedging transactions (futures, options, etc.).