NH Investment & Securities' 10 Billion KRW ELB Series 2846 and 2847 Take Effect
NH Investment & Securities has secured effectiveness of securities report for its ELB Series 2846 and 2847 totaling 10 billion KRW as of July 13, 2026.
Series 2846 is linked to SK Hynix and offers up to 7.020% annual return, while Series 2847 is linked to Samsung Electronics and SK Hynix, offering up to 11.850% annual return.
These unlisted bonds are not protected by the Depositor Protection Act but feature principal-protected structures with low risk classification.
Proceeds will be used for hedging transactions and purchase of high-grade debt securities.
[AI Summary]This ELB issuance represents a debt capital raising with no dilution to existing equity. The issuer's AA+ credit rating ensures soundness, and the use of proceeds for hedging aligns with standard risk management practices.