Hanwha Investment & Securities' 9.95 Billion Won Smart ELB Series 1172 Linked to Samsung Electronics Becomes Effective
This prospectus formalizes the effectiveness of the securities report for Hanwha Smart ELB No. 1172, a derivative-linked bond issued by Hanwha Investment & Securities.
The total offering amount is 9.95 billion won, with an issue price of 9,950 won per security and a maturity date of July 24, 2029, making it a 3-year product.
The underlying asset is Samsung Electronics common stock, with automatic early redemption evaluations every six months; if the stock price is at least 75% of the initial price, investors receive an annualized return of 8.20%.
If not redeemed early and the underlying falls below 75% at maturity, the principal is fully repaid, but credit risk of the issuer remains.
Hanwha Investment & Securities holds an AA- credit rating, but this product is not covered by deposit protection.
The raised funds will be used for hedging transactions in the underlying asset and other financial investments.
[AI Summary]Hanwha Investment & Securities issues a 9.95 billion won equity-linked bond linked to Samsung Electronics to raise funds. The bond is principal-protected but offers early redemption opportunities. While the structure provides a stable return if the stock performs, investors should consider the issuer's credit risk.