NH Investment & Securities Issues KRW 2 Billion ELB Series 2826, Restricted to Retirement Pension Accounts… Limited Impact on Shareholders as Proceeds Used for Hedging
NH Investment & Securities will issue NH Investment & Securities ELB Series 2826 worth KRW 2 billion on June 19, 2026. The underlying assets are Samsung Electronics common stock and KEPCO common stock, with a maturity of 364 days until June 18, 2027.
This security is available for subscription only through retirement pension accounts. As an unlisted product, early redemption before maturity applies a yield of 2.750% per annum. At maturity, if both underlying assets are at least 300% of the initial reference price, the yield is 3.751% per annum; otherwise, 3.750% per annum.
The issuer NH Investment & Securities holds a stable credit rating of AA+. All proceeds will be used for hedging to ensure stable payment of redemption amounts, with no separate growth purpose.
This disclosure does not include any ongoing shareholder return policies such as share buybacks or cancellations.
[AI Summary]This ELB issuance by NH Investment & Securities is a small-scale debt offering with no equity dilution. The use of funds for hedging limits the impact on existing shareholder value. The KRW 2 billion issuance is negligible relative to the market capitalization, resulting in a low investment risk.