Hanwha Investment & Securities Confirms Issuance of Three ELB Series Worth KRW 29.85 Billion Based on KOSPI200 and Samsung Electronics, No Dilution for Shareholders
Hanwha Investment & Securities confirmed the public offering of three ELB series totaling KRW 29.85 billion through a supplementary registration statement on July 1, 2026. These are equity-linked debentures under the existing shelf registration with no equity dilution and a maturity of July 18, 2029.
Series 1163 targets an annual return of 6.30% linked to KOSPI200, while series 1164 and 1165 are based on Samsung Electronics common stock offering annual returns of 7.50% and a monthly coupon structure respectively. The issuer holds an AA- credit rating and proceeds will be used for hedging and financial investments.
These securities are unlisted, not protected by the depositor protection act, and may incur principal loss in case of issuer default. Returns depend on underlying asset price movements and early redemption may result in losses.
[AI Summary]This additional ELB issuance is a routine funding activity under the existing shelf registration without new share issuance, thus no dilution risk for existing shareholders. With an AA- credit rating, the products offer principal protection but investors should note potential return fluctuations based on market conditions.