Hanwha Investment & Securities Files Issuance Report for SmartON ELB No.153 with Low Subscription Rate of 2.37%
Hanwha Investment & Securities submitted the Securities Issuance Performance Report for Hanwha SmartON ELB No.153 on July 3, 2026.
The initial planned offering was 5 billion KRW, but actual subscription amounted to only 118.4 million KRW, resulting in a subscription rate of 2.37%.
The raised funds will be used for hedging underlying assets and managing similar securities; the product features a monthly pre-tax coupon of 1.10% with auto-call conditions and principal protection at maturity.
[AI Summary]This small-scale ELB issuance has a negligible impact on Hanwha Investment & Securities' capital structure with no shareholder dilution. The extremely low subscription rate indicates weak market demand but does not pose a direct risk to the company's financial soundness.