NH Investment & Securities raises approximately 23.2 billion KRW through issuance of 8 ELS series, funds used for hedging
NH Investment & Securities issued 8 ELS series from 325 to 332 on June 26, 2026, raising a total of approximately 23.2 billion KRW.
Some series saw lower subscription rates compared to the filing, but overall the planned funding was completed.
The proceeds will be used for hedging transactions to manage ELS repayment, with issuance costs of about 1.16 million KRW.
[AI Summary]This ELS issuance by NH Investment & Securities is a routine capital raising with no equity dilution, neutral to shareholder value. There is no change in shares outstanding, and the use of funds for hedging is part of normal operations.