Hanwha Investment Securities to issue KRW 115.4bn Principal-Protected Smart ELB #1083
- Hanwha Investment Securities (credit rating AA-) is offering KRW 115.435 billion of 'Hanwha Smart ELB #1083' (equity-linked bond) linked to Samsung Electronics and SK Hynix (subscription: 2026.05.11~12, issue date: 2026.05.13).
- Monthly coupon: 1.00% (12.00% p.a.) of face value paid if both underlying stocks close at or above 85% of initial price on each monthly evaluation date.
- Auto-call: 1st to 11th (every 3 months) if both stocks at or above 90% of initial price, redeem at 100% face value (no additional return). At maturity, 100% face value paid regardless of performance (principal protected).
- Underlying volatility: Samsung Electronics 51.53%, SK Hynix 62.84%, correlation coefficient 0.8109.
- Issuer risks: credit risk of Hanwha Investment Securities, not covered by depositor protection, early redemption at 95%+ of fair value (90%+ within 6 months) may incur principal loss.
- Recent disclosures for underlying companies: Samsung Electronics decided to cancel treasury shares (2026.03.31), SK Hynix decided to dispose of treasury shares (2026.04.22), among other shareholder return policies.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hanwha Investment & Securities (003530)
- Submission: Hanwha Investment & Securities Co., Ltd.
- Receipt: 05-08-2026