Hanwha Investment & Securities Reports Issuance Results of Two ELBs with Low Subscription Rates of 28.3% and 10.7%
Hanwha Investment & Securities disclosed the issuance results of Hanwha Smart ELB Series 1132 and 1133 derivative-linked bonds dated June 29, 2026.
Series 1132 linked to Samsung Electronics common stock saw subscriptions of only 2.82 billion won or 28.2% of the 99.5 billion won planned total, while Series 1133 linked to KOSPI200 saw 1.07 billion won or 10.7%.
The raised funds will be used for hedging purposes including underlying asset and derivatives management, with zero equity dilution effect.
[AI Summary]This report is an administrative confirmation of the final subscription and allocation results for previously issued derivative-linked bonds, having no direct link to new capital formation or shareholder value changes. The low subscription rate indicates limited market demand for the products, but the negative impact on the issuer's financial health or creditworthiness is negligible.