Hanwha Investment Securities Successfully Issues 5 out of 7 ELS… 2 Canceled Due to Insufficient Subscriptions
Hanwha Investment Securities successfully issued 5 out of 7 planned ELS (Equity-Linked Securities) tranches: Deluxe ELS 10792 & 10793, Smart ELS 9511, 9512 & 9514. Two tranches (Super Tracker ELS 30178, Smart ELS 9513) were canceled due to insufficient subscriptions.
Actual funds raised totaled KRW 1,647,300,000, representing 4.12% of the originally planned KRW 40,000,000,000.
Issuance costs (underwriting fee) were minimal at KRW 82,350 in total.
Proceeds will be used primarily for hedging transactions and managing derivatives linked to underlying assets.
The early redemption and maturity repayment conditions for each issued tranche remain as stated in the original filing.