NH Investment & Securities Offers 13 High-Risk ELS Based on Near-Peak Underlyings
- NH Investment & Securities offers 13 principal-protected ELS (tranches 24711-24723) totaling KRW 84.4 billion; many underlying assets (Tesla, Palantir, KOSPI200, S&P500, EuroStoxx50, Samsung Electronics, SK Hynix) are at or near all-time highs within the last 6 months.
- Issuer credit rating AA+ (Korea Ratings, Mar 25, 2026); not covered by depositor protection; high-difficulty financial product with potential 100% loss of principal.
- 3-year maturity, automatic early redemption features, possible principal loss upon early redemption, limited liquidity as unlisted securities.
- Key structures: step-down ELS (early redemption barriers 85%~65%), monthly coupon type (tranche 24711, 13.71% p.a.), knock-in barriers at 25%~40%.
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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: 05-04-2026