NH Investment & Securities filed a prospectus on July 14 2026 for the public offering of Equity-Linked Bonds ELB Series 2850 linked to the KOSPI200 index with total proceeds of approximately KRW 15 billion.
The ELB is a USD-denominated principal-protected product with a three-year maturity featuring semi-annual autocall opportunities at 70% of the initial strike price offering an annual return of 7% if triggered and full principal protection at maturity otherwise.
The issuer holds an AA+ credit rating and the proceeds will be used for hedging purposes posing no dilution risk to common shareholders. Investors should note the product is not exchange-listed limiting secondary market liquidity.
[AI Summary]NH Investment & Securities raises approximately KRW 15 billion via a KOSPI200-linked principal-protected ELB. This debt issuance does not dilute existing equity and is backed by the issuer's AA+ credit rating. While the structure protects principal investors face limited liquidity due to the unlisted nature of the bond.