Hanwha Investment & Securities Issues KRW 5 Billion Principal-Protected ELB Linked to Hyundai Motor
- Hanwha Investment & Securities issues 'Hanwha Smart ELB No. 1077' derivative-linked bond (equity-linked) worth KRW 5 billion (face value KRW 10,000, 500,000 units). Underlying asset: Hyundai Motor common stock.
- Monthly coupon of 0.7475% (8.97% p.a.) paid if the underlying closes at or above 80% of initial price on each monthly observation date.
- Auto-call every 3 months if underlying closes at or above 85% of initial price, returning 100% principal. At maturity (3 years), if above 85%, principal returned; if below, principal protected (no loss).
- Issuance date: May 8, 2026; Maturity: May 15, 2029. Underlying volatility: 61.68%. Issuance may be canceled if total subscription < KRW 1 billion.
- Not covered by depositor protection; issuer credit rating AA- (NICE). Early redemption at 95%+ of fair value (90%+ within 6 months) but may incur principal loss.
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KOSPI Filing Information
- Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
- Company: Hanwha Investment & Securities (003530)
- Submission: Hanwha Investment & Securities Co., Ltd.
- Receipt: 04-29-2026