Hanwha Investment & Securities Announces Public Offering of Two Principal-Protected ELB Types

[Asia Economy Reporter Minji Lee] Hanwha Investment & Securities announced on the 18th that it will offer two principal-protected ELBs based on the KOSPI200 index.

ELB (Equity-Linked Bonds) are financial investment products that pay the principal as long as the issuer's credit risk (default, bankruptcy, etc.) does not occur.

The two ELBs will each be offered up to a limit of 200 billion KRW until 5 PM on the 24th, with the issuance date on the 25th.

Hanwha Smart ELB No. 392 has a maturity of 6 months and pays an annual interest rate of 6.70% if the price on the maturity evaluation date is less than 600% of the initial reference price, and 6.71% if it is 600% or more.

Hanwha Smart ELB No. 393 has a maturity of 1 year and pays an annual interest rate of 7.00% if the price on the maturity evaluation date is less than 600% of the initial reference price, and 7.01% if it is 600% or more. The minimum subscription amount is 1 million KRW, and subscriptions can be made in units of 100,000 KRW.

Subscriptions can be made through the Hanwha Investment & Securities website, HTS (Smart ONE), MTS (SmartM), and nationwide branches.

Nam Jae-ho, Executive Director of the Investment Products Division at Hanwha Investment & Securities, stated, “The increase in yields of principal-protected ELBs will provide customers with new investment opportunities,” and added, “We will continue to do our best to launch various investment products that customers desire.”

This content was produced with the assistance of AI translation services.