Hanwha Investment & Securities Files Supplementary Shelf Registration for 39.88 Billion Won ELB Linked to SK Hynix
On July 8, 2026, Hanwha Investment & Securities filed a supplementary shelf registration with the Financial Services Commission for the issuance of Hanwha Smart ELB No. 1167 and No. 1168, equity-linked bonds totaling 39.88 billion won, confirming the terms and risk factors.
These equity-linked bonds are linked to SK Hynix common stock and offer principal protection with a coupon of approximately 3.50% per annum, with a slight upside if the underlying stock surges above 500% of the initial price.
Proceeds will be used for hedging and investment in financial products. The bonds are not protected by the depositor protection act. Hanwha Investment & Securities holds a credit rating of AA-, indicating strong creditworthiness, though principal loss is possible in case of issuer default.
[AI Summary]This debt issuance serves standard funding and hedging purposes, with zero dilution for existing shareholders. The use of proceeds is defensive, and the issuer's AA- credit rating ensures low default risk. This product is evaluated as a stable investment offering principal protection and modest returns.