Hanwha Investment & Securities Launches Two ELS Worth 39.6 Billion Won as Shelf Registration Takes Effect
Hanwha Investment & Securities announced on July 8, 2026 that the shelf registration statement for Hanwha Smart ELS No. 8345 and No. 8346 became effective.
These two equity-linked securities are each 19.8 billion won totaling 39.6 billion won with a 3-year maturity and principal non-guaranteed structure.
The underlying assets are KOSPI200, S&P500, and EuroStoxx50 indices, with subscription limited to July 27, 2026.
Proceeds will be used for hedging and financial investment, resulting in no dilution for existing shareholders.
The issuer holds an AA- credit rating, but these unlisted high-difficulty products carry a risk of total principal loss.
[AI Summary]This ELS issuance is a routine funding activity for Hanwha Investment & Securities with no direct impact on shareholder value. The AA- credit rating and stable operations indicate low issuer risk, but investors must recognize the product's inherent risks including principal loss and liquidity constraints.