Hanwha Investment & Securities submitted the issuance performance report for Hanwha Smart ELB No. 1159 derivative-linked bond on July 10, 2026.
The issuance attracted subscriptions of 471.5 billion KRW against a total offering of 500 billion KRW, achieving a 94.3% subscription rate.
This principal-guaranteed product is linked to SK Hynix common stock and offers a monthly coupon of 0.8375% equivalent to 10.05% per annum.
The raised funds will be used for hedging the underlying asset and related derivatives.
[AI Summary]This small-scale debt issuance by Hanwha Investment & Securities does not dilute shareholder equity and involves limited investor risk due to principal protection. The funds are allocated for hedging rather than growth, making the event neutral for shareholders.