NH Investment & Securities Issues 63 Billion KRW in ELS, 10 Tranches of Equity-Linked Securities
NH Investment & Securities filed a prospectus effective July 6, 2026, for a public offering of 10 tranches of principal non-guaranteed equity-linked securities from N2 ELS 351 to 360, totaling 63 billion KRW
Underlying assets include domestic and foreign stocks and indices such as Samsung Electronics, SK Hynix, KOSPI200, S&P500, Nikkei225, Tesla, and Micron. All products are classified as high-difficulty financial investments with potential total loss of principal
Proceeds will be used for hedging to ensure stable repayment under the issuance terms. The issuer's credit rating is AA+, indicating strong creditworthiness
These securities are not protected by the Depositor Protection Act and are not listed on an exchange, resulting in limited liquidity. Investors should exercise caution
[AI Summary]This ELS issuance by NH Investment & Securities totals 63 billion KRW with negligible dilution for existing shareholders. Funds are allocated to hedging operations with low growth potential. Considering the issuer's solid credit rating, the overall impact on shareholder value is limited and neutral