NH Investment & Securities' Retirement Pension ELS Series 69 and 70 Total KRW 10 Billion Registration Effective, Stable Funding with AA+ Credit Rating
NH Investment & Securities has registered two retirement pension ELS products totaling KRW 100 billion with the registration statement effective on July 6, 2026.
Series 69 is a principal-protected 4th grade risk product linked to Samsung Electronics and SK Hynix, targeting an annual return of 7.3% with maximum principal loss capped at 1%.
Series 70 is a high-risk 2nd grade product with the same underlying assets, targeting up to 18.4% annual return but with a maximum loss of 20% and a knock-in barrier.
The issuer maintains an AA+ credit rating, and the proceeds will be used for hedging and investing in high-quality bonds.
[AI Summary]This ELS issuance is a routine funding activity for NH Investment & Securities with no dilution to shareholders. However, investors should note the high-risk nature of Series 70 and the elevated price levels of the underlying assets. The issuer's strong credit rating supports product reliability.