NH Investment & Securities Issues KRW 50bn ELS on Samsung/Hyundai (Step-down 9.2% p.a.)


  • NH Investment & Securities offers KRW 50bn partial principal-guaranteed ELS linked to Samsung Electronics and Hyundai Motor common stocks (face value KRW 100,000 per note, 50,000 notes)
  • Auto-call: 1st to 4th barriers at 75% of initial, 5th at 70%; maturity: 65% or no knock-in event → annual 9.2% (pre-tax)
  • Knock-in barrier at 50%: if any underlying closes below 50% during observation, investors face 20% principal loss at maturity (max -20%)
  • Issuer credit rating AA+ (KIS, March 25, 2026)
  • Underlying stocks Samsung and Hyundai recently announced share buybacks, cancellations, and dividends over the past 6 months (strengthened shareholder returns)
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KOSPI Filing Information


  • Filing: Prospectus (Shelf Registration)
  • Company: NH Investment & Securities (005940)
  • Submission: NH Investment & Securities Co., Ltd.
  • Receipt: 05-04-2026