Hyundai Motor Securities Issues 111M Won ELS on NVDA, PLTR
- Hyundai Motor Securities completed the issuance of the 2719th equity-linked security (ELS) with underlying assets NVDA and PLTR common stocks. Total offering amount: 111 million won, face value 10,000 won per security, 11,100 securities.
- Non-principal protected (very high risk), potential loss up to -100% at maturity. Classified as a highly complex financial investment product.
- Automatic early redemption conditions: 1st-2nd: 75%, 3rd-4th: 70%, 5th: 65% (yields 4.9%~24.5% at each redemption).
- Maturity redemption: 129.4% if both underlying assets are at or above 60% of initial price or never fell below 35%; otherwise, loss based on the worst performer (max -100%).
- Subscription and allocation: Total subscription amount did not exceed the offering amount, so full allocation. No underwriter; direct offering.
- Proceeds used for hedging (trading derivatives and underlying assets) to ensure stable payment. Issuance cost: 5,550 won (0.005% of total).
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KOSPI Filing Information
- Filing: Securities Issuance Performance Report
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 05-08-2026