Hanwha Investment & Securities Issues 15 Billion Won in 3 Tranches of Equity-Linked Bonds (ELB)
Hanwha Investment & Securities publicly offers 15 billion won in Equity-Linked Bonds (ELB), consisting of three tranches of 5 billion won each.
Tranches 136 and 138 are Knock-out structures linked to Micron Technology and SK Hynix, respectively; Tranche 137 is an AutoCall structure linked to SK Hynix, all guaranteeing repayment of principal or more.
Proceeds will be used for underlying asset trading, hedging, and other financial investments. The bonds are unsecured and rely on the issuer's credit.
If total subscriptions fall below 1 billion won, issuance may be cancelled. The securities are unlisted, limiting liquidity.