Hanwha Investment and Securities Files Prospectus for 29.85 Billion KRW Principal-Protected ELBs Linked to KOSPI200 and Samsung Electronics for Hedging Purposes
Hanwha Investment and Securities filed a prospectus effective July 1 2026 for three equity-linked bonds ELBs totalling 29.85 billion KRW linked to KOSPI200 index and Samsung Electronics common stock.
Tranche 1163 linked to KOSPI200 offers a 3-year maturity with 6.30% annual return Tranche 1164 linked to Samsung Electronics offers 7.50% per annum and Tranche 1165 pays a monthly coupon of 0.635% with principal protection at maturity or early redemption.
The issuer has an AA- credit rating and proceeds will be used for hedging and financial investments. The securities are not covered by deposit insurance and are unlisted which limits liquidity.
[AI Summary]This ELB issuance by Hanwha Investment and Securities is a routine funding activity with market-average returns and principal protection. The issuance size of 2.75% of market cap has no material capital structure impact and funds are allocated for hedging. Investors should note the principal guarantee conditions and potential losses upon early redemption.