NH Investment & Securities Issues ELS Series 24918 Worth 10 Billion Won Linked to Samsung Electronics and SK Hynix, High-Risk Product with Potential Total Loss
NH Investment & Securities is publicly offering ELS Series 24918, equity-linked securities linked to common stocks of Samsung Electronics and SK Hynix, with a total offering amount of 10 billion KRW scheduled for issuance on July 2, 2026.
This product is a non-principal-protected high-difficulty financial investment product with a knock-in barrier set at 30% of the initial strike price, and at maturity, investors may face up to 100% loss of principal, categorizing it as extremely high risk Level 1.
The raised funds will be used for hedging activities to ensure stable payment under the issuance terms; the issuer NH Investment & Securities holds a strong AA+ credit rating, but this security is not protected by the Depositor Protection Act.
[AI Summary]This ELS issuance is a debt-linked security for capital raising purposes without diluting existing shareholders, but the complex structure and 30% knock-in condition expose investors to total principal loss. The issuer's credit quality is strong, but the use of proceeds for hedging limits growth contribution; investors must fully understand the product structure and risks before investing.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)