Hanwha Investment & Securities Confirms Issuance of KRW 9.92 Billion Smart ELS Series 8365
Hanwha Investment & Securities issued the Hanwha Smart ELS Series 8365 derivative securities linked to KOSPI200, S&P500, and EuroStoxx50 indices, with the registration statement effective from July 22, 2026.
The total offering amount is KRW 9.92 billion with an issue price of KRW 9,920 per security, totaling 1,000,000 securities. Depending on the performance of underlying assets, the product offers conditional returns of up to 14.30% per annum or full principal loss at maturity.
Subscription is limited to August 12, 2026 with a minimum of KRW 1,000,000. This is a highly complex financial product with potential loss exceeding 20% of principal, not covered by deposit insurance, and unlisted, therefore liquidity risk is significant.
The issuer's credit rating is AA- as of June 22, 2026 by NICE Investors Service, indicating strong creditworthiness but principal is not fully protected.
[AI Summary]Hanwha Investment & Securities issues a KRW 9.92 billion ELS, a routine business transaction with no impact on existing shareholders' equity. Investors face high risk including total principal loss. The AA- credit rating is solid, but the product is unlisted and illiquid.