NH Investment & Securities Reports Issuance of Series 2813 Equity-Linked Bonds (ELB): Raised 1.03B KRW with 51.5% Subscription Rate, Funds Used for Hedging
NH Investment & Securities issued Series 2813 Equity-Linked Bonds (ELB), with payment completed on May 29, 2026. Out of the planned total of 2B KRW, actual funds raised were 1.02952B KRW, representing a 51.48% subscription rate.
The issue price per bond (face value 100,000 KRW) was set at 102,952 KRW, with a total of 10,000 bonds allocated. Unsubscribed amounts were cancelled.
The raised funds will be fully used for hedging transactions involving derivatives and stocks related to the underlying assets, ensuring stable repayment of the bonds at maturity.
Redemption conditions: if both underlying assets close at or above 300% of their initial reference prices, the annual return is 103.331%; otherwise, 103.330%. Maturity date is May 28, 2027.
[AI Comprehensive Analysis]This disclosure is a routine report on the issuance of structured bonds, with no direct impact on NH Investment & Securities' equity or shareholder value. The 51.5% subscription rate is considered normal given market conditions, making this a neutral event for investors.