Hanwha Investment & Securities Files Prospectus for 495 Billion KRW ELS Issuance, Adjusts Autocall Condition and Theoretical Price


  • Hanwha Investment & Securities is publicly offering four equity-linked securities totaling 49.5 billion KRW, from Hanwha Smart ELS No. 8323 to No. 8326, with the subscription date set for July 7, 2026.
  • In this amendment, the 11th autocall condition for No. 8326 was eased from 65% to 60%, and the theoretical price was slightly increased from 9,950.33 KRW to 9,955.31 KRW.
  • Proceeds will be used for underlying asset hedging and financial product investment, which is part of routine business operations without diluting existing shareholders.
  • The issuer's credit rating is AA- from NICE, and the products are classified as high-difficulty financial instruments with potential total principal loss.
  • [AI Summary]This ELS issuance is a routine funding and hedging activity for Hanwha Investment & Securities with neutral impact on shareholder value. The autocall condition adjustment is merely a product restructuring, and the effect on the issuer's creditworthiness and capital adequacy is limited.

KOSPI Filing Information


  • [Correction of Description] Prospectus (Shelf Registration)
  • Company: Hanwha Investment & Securities (003530)
  • Submission: Hanwha Investment & Securities Co., Ltd.

  • Shares: 214,547,775
  • Price: 5,930 KRW
  • Market Cap: 1,272.3 B KRW