NH Investment & Securities announced the additional issuance of its 2853rd series equity-linked bonds under its existing shelf registration.
The offering amounts to approximately KRW 14.85 billion, linked to Samsung Electronics common stock, and is a principal-protected low-risk product.
The issuer holds a strong AA+ credit rating from Korea Ratings.
Proceeds will be used for hedging and investment in high-grade debt securities for stable management.
[AI Summary]NH Investment & Securities issues KRW 14.8 billion Samsung Electronics-linked principal-protected ELB as an additional tranche under its existing shelf registration. The AA+ rated low-risk product does not dilute shareholder value. Investors are exposed to the issuer's credit risk and underlying asset price fluctuations.