NH Investment & Securities Completes Issuance of 4 ELS Series, Raising 2.15 Billion Won, Well Below Plan
NH Investment & Securities disclosed via a Securities Issuance Report on July 13, 2026, that it completed the issuance of four equity-linked securities ELS series 24908 through 24911.
The total actual funds raised amounted to approximately 2.15 billion won against a planned total of 45.25 billion won, indicating very low subscription demand with the shortfall closed via partial payment.
The proceeds will be used for hedging the underlying assets, and the issuance does not affect the company's capital structure or dilute shareholder value.
[AI Summary]While the ELS issuance recorded a much lower raise than planned, it is a structured product issuance without equity dilution or capital increase, thus having limited financial impact on existing shareholders. The issuer NH Investment & Securities maintains strong creditworthiness.