Hanwha Investment & Securities Issues 20 Billion KRW ELS Series 9539 Linked to SK Hynix and Samsung Electronics, High-Risk Non-Principal Guaranteed Product with Proceeds for Hedging and Investment
Hanwha Investment & Securities is issuing the Hanwha Smart ELS Series 9539 worth 20 billion KRW with subscription on June 17, 2026. The underlying assets are SK Hynix common stock and Samsung Electronics common stock, classified as a high-difficulty financial investment product.
This product is a non-principal guaranteed type with a maximum loss potential of 100%. It offers an annual return of 29.10% if early redemption conditions are met, but significant losses can occur if underlying asset prices fall.
The issuer plans to use the proceeds for hedging transactions in underlying assets and derivatives, as well as investments in financial instruments. This does not dilute existing shareholders and is part of routine business operations.
[AI Summary]Hanwha Investment & Securities issues 20 billion KRW in ELS without equity dilution, so no direct impact on existing shareholder value. The funds will be used for hedging and investment, potentially improving capital efficiency, but the high-risk nature of the product transfers credit risk to investors.