NH Investment & Securities Issues 10 Billion KRW ELBs for Hedging, No Dilution to Existing Shareholders
NH Investment & Securities issued a total of 10 billion KRW in equity-linked bonds Series 2851 and 2852 on July 20, 2026. Each series amounts to 5 billion KRW, with underlying assets of SK Hynix single stock and dual stocks of Samsung Electronics and SK Hynix, respectively, with a 3-year maturity.
The proceeds will be fully used for hedging transactions to ensure stable redemption payments, allocated to high-quality bonds and derivatives.
The issuance does not dilute existing shareholders and is an unsecured bond based on the issuer's AA+ credit rating, meaning principal loss risk depends on the issuer's solvency.
[AI Summary]NH Investment & Securities' 10 billion KRW ELB issuance increases liabilities for hedging without equity dilution. The AA+ credit rating indicates low default risk. Investors face principal protection but credit risk of the issuer.