Hyundai Motor Securities Issues KRW 25 Billion in Equity-Linked Bonds (ELB)
- Hyundai Motor Securities issues the 1562nd and 1563rd series of Equity-Linked Bonds (ELB, low risk) linked to KEPCO common stock, totaling KRW 25 billion (KRW 15 billion for 1562nd, KRW 10 billion for 1563rd).
- The 1562nd ELB has a maturity of November 19, 2027 (546 days), an annual return of 3.580% (3.581% if underlying exceeds 200%), and an estimated fair value of KRW 9,944.27 per KRW 10,000 face value.
- The 1563rd ELB has a maturity of May 21, 2027 (364 days), an annual return of 3.440% (3.441% if underlying exceeds 200%), and an estimated fair value of KRW 9,985.84 per KRW 10,000 face value.
- Proceeds will be used for underlying asset hedging and financial investment; the bonds are unlisted and not protected by the Depositor Protection Act.
- The issuance may be cancelled if total subscriptions are less than KRW 200 million; subscriptions are limited to individually notified persons or corporations with retirement pension reserves.
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KOSPI Filing Information
- Filing: Prospectus (Shelf Registration)
- Company: Hyundai Motor Securities (001500)
- Submission: Hyundai Motor Securities
- Receipt: 05-21-2026