NH Investment & Securities Issues Two ELS Series Totaling KRW 7.53B… Routine Filing with Limited Shareholder Impact
NH Investment & Securities filed an additional registration statement on June 1, 2026, for the issuance of two Equity-Linked Securities (ELS) series: No. 24797 and No. 24798.
Total offering amount is KRW 7,529,000,000 (approx. USD 5 million): Series 24797 linked to KOSPI200 (KRW 4,517,400,000) and Series 24798 linked to KOSPI200 & S&P500 (KRW 3,011,600,000).
These ELS are high-risk, non-principal-protected structured products (Grade 1, very high risk) with potential loss of up to 100% of principal depending on underlying asset performance.
Proceeds will be fully used for hedging to ensure stable repayment. Issuer credit rating is AA+ (Korea Ratings, March 25, 2026).
The securities are unlisted and not covered by deposit insurance; investors should exercise caution.
Subscription period: June 2–8, 2026, minimum subscription USD 1,000, maturity June 8, 2029.
[AI Summary]This filing represents a routine ELS issuance by NH Investment & Securities. The offering size is negligible relative to the market cap (approx. KRW 10.76 trillion), resulting in no material impact on shareholder value. Investors should note the high-risk structure (up to 100% principal loss) and foreign exchange risk.