NH Investment & Securities Issues ELS Series 24705 Linked to Tesla and Micron (USD 5M, Principal Non-Guaranteed)
- NH Investment & Securities issues ELS Series 24705: total offering USD 5 million (approx. KRW 7.4 billion)
- Underlyings: Tesla Inc. and Micron Technology Inc. (listed on NASDAQ)
- Structure: Principal non-guaranteed, knock-in barrier at 20% (principal loss if any underlying falls below 20% of initial price)
- Auto-call: first evaluation after 6 months, step-down barriers (85%→70%), max annual return 20.5% (61.5% at 3-year maturity)
- Max loss: up to 100% of principal (in case of sharp decline in underlyings)
- Issuer credit rating: AA+ (Korea Ratings, Mar 25, 2026)
- Not protected by depositor protection act, high-difficulty financial product
- Subscription period: May 4-8, 2026; Issue date: May 11, 2026; Maturity: May 11, 2029
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Additional Documents for Shelf Registration (Derivative-Linked Securities - Equity-Linked Securities)
- Company: NH Investment & Securities (005940)
- Submission: NH Investment & Securities Co., Ltd.
- Receipt: 04-30-2026