Hyundai Motor Securities Issues KRW 10 Billion S&P 500-Linked ELB Series 1564
- Hyundai Motor Securities issues the 1564th equity-linked bond (low risk) worth KRW 10 billion (face value KRW 10,000, 1,000,000 securities)
- Underlying asset is S&P 500 index, maturity date August 31, 2026, subscription period May 28-29, 2026
- Redemption conditions: if underlying closes at 200% or more of initial price, 3.010% p.a.; otherwise 3.000% p.a. (pre-tax)
- Minimum subscription amount KRW 1 million; issuance may be cancelled if total subscription is under KRW 200 million
- Issuer credit rating AA- (Korea Ratings, Korean Rating, NICE), not covered by deposit insurance
- Unlisted security; early redemption at investor's request at minimum 95% of fair value, potential principal loss
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KOSPI Filing Information
- Filing: Shelf Registration Supplementary Document (Derivative-Linked Bonds - Equity-Linked Derivative-Linked Bonds)
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 05-21-2026