Hanwha Investment & Securities issues KRW 9.9bn principal-protected ELS
- Hanwha Investment & Securities issues 'Hanwha Smart ELS No. 8217' derivative-linked securities (ELS) worth KRW 9.9bn (subscription: Feb 27, 2026; maturity: Feb 28, 2029)
- Underlying assets: Nikkei225, S&P500, EuroStoxx50 indices (3 assets)
- Issue price: KRW 9,900 (face value KRW 10,000), total offering KRW 9.9bn, unlisted
- Early redemption conditions: 1st: 85% → 8th: 70% (annual return 7.32%)
- Maturity redemption: if all indices ≥65% of initial, pay 121.96%; if any <65%, pay based on worst-performing index (max principal loss 100%)
- High-difficulty financial product, not covered by depositor protection, cooling-off period for retail investors
- Early termination: at least 95% of fair value (90% within first 6 months), potential loss
- Issuer credit rating: AA- (as of Dec 5, 2025, NICE)
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hanwha Investment & Securities (003530)
- Submission: Hanwha Investment & Securities Co., Ltd.
- Receipt: 02-04-2026