NH Investment & Securities Issues ELS Series 66 Worth 5 Billion KRW Linked to Samsung Electronics and SK Hynix Targeting 7.2% Annual Return
NH Investment & Securities files supplementary registration to issue N2 Retirement Pension ELS Series 66.
Total offering amount is 5 billion KRW with underlying assets Samsung Electronics common stock and SK Hynix common stock.
3-year maturity with auto-call step-down structure offering 7.2% annual return.
Principal-protected partial type with maximum loss capped at 1%.
Issuer credit rating AA+, proceeds used for hedging.
As of FY2025, net profit 908.3 billion KRW, total equity 8.613 trillion KRW.
[AI Summary]This ELS issuance is a routine supplementary offering under the existing shelf registration program, with no direct impact on NH Investment & Securities' capital structure or shareholder value. The small offering size of 5 billion KRW limits market impact. The product's risk is tied to the performance of the underlying stocks.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)