NH Investment & Securities Finalizes Issuance of ELs 24918th Series with 74.1% Subscription Rate
NH Investment & Securities submitted its Securities Issuance Performance Report for the 24918th Equity-Linked Securities on July 2, 2026.
The issuance raised KRW 741 billion out of the planned KRW 100 billion, representing a 74.1% subscription rate with partial payment for the shortfall.
Proceeds will be used for ELS hedging transactions, involving derivatives and underlying stocks.
The ELS offers up to 9 auto-call opportunities with a maximum yield of 24.97%, but principal loss may occur if any underlying asset falls more than 30%.
[AI Summary]NH Investment & Securities raised KRW 74.1 billion through this ELS issuance, which is only 0.07% of its market cap, resulting in negligible dilution. Funds are allocated for hedging, supporting profit generation, and the issuer's high creditworthiness minimizes default risk.