Hanwha Investment & Securities Issues 39.8 Billion KRW in Smart ELBs Linked to Samsung Electronics, No Shareholder Dilution
Hanwha Investment & Securities filed a supplementary shelf registration on July 8, 2026, to publicly offer Hanwha Smart ELB Series 1169 and 1170 totaling 39.8 billion KRW.
These ELBs are linked to Samsung Electronics common stock, have a 3-year maturity, principal protection, and an issue price of 9,950 KRW per 10,000 KRW face value.
Proceeds will be fully used for hedging underlying assets and derivatives to ensure stable repayment.
The securities are not listed and are not protected by the depositor protection act. The issuer's credit rating is AA-.
[AI Summary]This ELB issuance is a follow-up under the existing shelf registration, causing no shareholder dilution or capital change. Funds are used for hedging with low growth potential, but the product offers relative stability due to principal protection and the issuer's strong credit rating.