Hyundai Motor Securities Issues Two ELS Worth KRW 100 Billion (Very High/High Risk)
- Hyundai Motor Securities disclosed issuance of two non-principal-protected ELS (Series 2720 and 2721) totaling KRW 10 billion (each KRW 5 billion) on May 4, 2026. Subscription period: 5/7~5/14, Payment/Issue date: 5/15, Maturity: 2029/5/18.
- Series 2720 (Very High Risk): Underlying assets: Samsung Electronics and SK Hynix common stocks. Maximum annual return 21% (pre-tax). Knock-in (KI) 35% (of initial price). Principal loss possible.
- Series 2721 (High Risk): Underlying asset: KOSPI200 index. Maximum annual return 8.5% (pre-tax). Knock-in 35% (KI). Principal loss possible.
- Not covered by deposit insurance, unlisted, early redemption may incur principal loss. Issuer credit rating: AA- (as of 2025, by KIS, KMC, NICE).
- Recent 6-month disclosures of underlying assets (Samsung Electronics, SK Hynix) include multiple shareholder return policies such as share buybacks, disposals, cancellations, and dividend decisions.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 05-04-2026