Issuance of ELBs worth KRW 29.93 billion: Routine additional issuance of equity-linked bonds
Hanwha Investment & Securities issued two Equity-Linked Bonds (ELBs): Smart ELB 1085 (linked to S&P500, KRW 19.98 billion) and Smart ELB 1086 (linked to KOSPI200, KRW 9.95 billion), totaling KRW 29.93 billion
Issue prices are KRW 9,990 and KRW 9,950 per bond, with maturities on June 3, 2027 and June 5, 2029, respectively
Series 1085 offers a digital option with 3.30%–3.31% p.a. return (pre-tax) at maturity; Series 1086 offers an autocall structure with 5.20% p.a. return (pre-tax)
Proceeds will be used for hedging in underlying assets and derivatives
These bonds are unlisted and not covered by the Depositor Protection Act