Hanwha Investment & Securities Reports Issuance of Three ELBs with Low Subscription Rates
Hanwha Investment & Securities confirmed the issuance results of Smart ELB No. 1163, 1164, and 1165 through a securities issuance performance report filed on July 13, 2026.
All three tranches saw low subscription rates compared to the total offering of KRW 9.95 billion each, with actual subscriptions of KRW 5.68 billion, KRW 4.36 billion, and KRW 1.84 billion respectively; the shortfall was fully unallocated.
The proceeds will be used for hedging against early and maturity redemption risks. These are principal-protected low-risk derivative-linked bonds.
[AI Summary]This report is a routine disclosure confirming the subscription and allocation results of previously issued ELBs. It does not cause any dilution or capital change for existing shareholders. The low subscription rate indicates limited market demand relative to the offering terms, but does not reflect negatively on the company's credit or financial health.