NH Investment & Securities Issues 11 Types of Non-Principal-Protected ELS Worth KRW 77 Billion


  • NH Investment & Securities publicly offers 11 types of ELS (Nos. 24431-24441) totaling KRW 77 billion, subscription period Feb 3-10, 2026, payment on Feb 11, maturity on Feb 9, 2029
  • Issuer credit rating AA+ (Korea Ratings, 2025.03.28), not covered by deposit insurance, high-difficulty financial product (maximum principal loss 100%)
  • Underlying assets: Tesla, Palantir, KOSPI200, S&P500, EuroStoxx50, Samsung Electronics, SK Hynix, Hyundai Motor, Broadcom, Micron, etc.
  • Various early redemption and maturity conditions (knock-in barriers 25%-45%); historical simulations show high probability of early redemption for most tranches
  • [Key underlying shareholder returns] SK Hynix: stock cancellation, treasury stock disposal, cash dividend decision / Samsung Electronics: treasury stock acquisition/disposal, cash dividend decision / Hyundai Motor: treasury stock acquisition, cash dividend decision
ADVERTISEMENT (250px+)

KOSPI Filing Information


  • Filing: Prospectus (Shelf Registration)
  • Company: NH Investment & Securities (005940)
  • Submission: NH Investment & Securities Co., Ltd.
  • Receipt: 02-02-2026