Hanwha Investment & Securities to Publicly Offer 15 Billion KRW in 3 Types of Equity-Linked Bonds (ELB) for Hedging and Investment
Hanwha Investment & Securities will publicly offer a total of 15 billion KRW (series 142-144, 5 billion each) in Equity-Linked Bonds (ELB) from June 1 to 5, 2026.
Each ELB is linked to an underlying asset: Micron Technology (142), Samsung Electronics common stock (143), and SK Hynix common stock (144), with principal-protected structures (knock-out or auto-call conditions).
The proceeds will be used for hedging transactions (derivatives and underlying asset trading) to ensure stable payment of redemption amounts under the bond terms.
These bonds are unlisted and not protected by the Depositor Protection Act, so principal loss is possible. The issuer's credit rating is AA- (NICE, Dec 5, 2025).
Minimum subscription is 100,000 KRW, maximum limit is 5 billion KRW. Issuance may be canceled if total subscriptions are less than 1 billion KRW.
[AI Comprehensive Analysis]This ELB issuance is part of Hanwha Investment & Securities' normal business operations and has no direct impact on corporate value or shareholder return policy. The size is modest and there is no dilution, so the effect on the stock price is limited.