NH Investment & Securities Issues Two New ELS Tranches Worth KRW 25.1bn Under Existing Shelf Registration High-Risk Principal-Protected Securities Investors Cautioned
NH Investment & Securities filed a supplementary shelf registration statement on July 7 2026 to issue two additional Equity-Linked Securities ELS under the existing shelf program.
Tranche 24964 is linked to KOSPI200 S&P500 and EuroStoxx50 indices with a total offering of KRW 9.9 billion a 3-year maturity and a principal non-guaranteed Stepdown structure allowing up to 100% principal loss.
Tranche 24965 is denominated in US dollars linked to NIKKEI225 S&P500 and EuroStoxx50 indices with an equivalent value of approximately KRW 15.2 billion and the same maturity and loss features.
Proceeds will be used for hedging activities to ensure stable redemption and the issuer NH Investment & Securities maintains a strong AA+ credit rating.
These securities are unlisted high-difficulty financial investment products with risk of principal loss upon early redemption and are subject to special investor protection rules.
[AI Summary]NH Investment & Securities issues additional ELS under its existing shelf program to raise funds for hedging. These principal non-guaranteed high-risk instruments expose investors to underlying asset price movements and issuer credit risk. No direct equity dilution for shareholders but the company derivatives risk exposure increases.
KOSPI Filing Information
Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)