NH Investment & Securities Completes Issuance of 9 ELS Series Totaling KRW 31.1 Billion for Hedging
NH Investment & Securities filed a Securities Issuance Report on July 10, 2026, confirming the completion of nine Equity-Linked Securities series from N2 ELS 342 to 350.
Total funds raised amounted to KRW 31,122,200,000 with 311,222 units issued at KRW 100,000 each. Some tranches saw oversubscription, but all issuances were successfully closed.
Proceeds will be used for hedging transactions involving derivatives and stocks linked to the underlying assets, ensuring stable payment of redemption amounts under the terms.
Issuance costs totaled KRW 1,556,080 in issuance contributions, with no underwriting fees or guarantees.
[AI Summary]This ELS issuance by NH Investment & Securities is a structured product sale with no impact on common equity or shareholder dilution. The use of funds for hedging is standard and low-risk. As a major securities firm with high creditworthiness, counterparty risk is minimal and the financial impact is neutral.