NH Investment & Securities Issues USD 3 Million ELS Linked to Tesla & Micron (Non-Principal Protected)
NH Investment & Securities issues non-principal protected ELS (No. 24747) linked to Tesla Inc. and Micron Technology Inc., with total issuance of approximately 4.53 billion KRW (USD 3 million).
Face value and issue price per security: USD 100; maturity: 3 years; includes autocall features (maximum annual return 24.6%); potential principal loss up to 100%.
Subscription period: May 26-29, 2026; payment/issuance date: June 1, 2026. Unlisted; early redemption possible at ≥95% of fair value (≥90% within first 6 months).
Issuer credit rating AA+ (Korea Ratings). Proceeds used for hedging.