Hanwha Investment & Securities Launches ESG Index-Linked ELS and ELB Public Offering

[Asia Economy Reporter Minji Lee] Hanwha Investment & Securities announced on the 29th that it will offer ESG (Environmental, Social, and Governance) index-linked ELS (Equity-Linked Securities) and ELB (Equity-Linked Bonds) through public subscription until 5 PM on October 6.

This public offering is based on the ‘S&P 500 ESG’ and ‘EuroStoxx50 ESG’ indices. The S&P 500 ESG and EuroStoxx50 ESG indices exclude stocks that have a negative impact on ESG from the S&P 500 and EuroStoxx50 constituent stocks.

‘Hanwha Deluxe ELS 10360 (principal non-guaranteed early redemption step-down type)’ is based on the S&P 500 ESG, EuroStoxx50 ESG, and KOSPI200 indices, with a total subscription limit of 5 billion KRW. However, general individual investors can subscribe only until September 30, considering the cooling-off period. It offers a 3-year maturity with early redemption opportunities every 6 months and a maximum annual pre-tax return of 7.5%. If the closing price of the underlying assets on the maturity evaluation date is below 65% of the initial reference price, principal loss may occur.

‘Hanwha Smart ELB 389 (principal guaranteed digital type)’ is based on the S&P 500 ESG index, with a total subscription limit of 5 billion KRW. For a 97-day maturity, if the closing price of the underlying asset on the maturity evaluation date is 600% or less of the initial reference price, it pays an annual pre-tax return of 3.10%. If the condition is not met, it pays an annual pre-tax return of 3.0%.

Nam Jae-ho, Executive Director of the Investment Products Division at Hanwha Investment & Securities, said, “We have prepared ELS and ELB that invest in good companies by structuring them based on ESG indices,” adding, “We will continue to do our best to launch various investment products that customers want.”