Hyundai Motor Securities Announces Public Offering of One DLS Providing Up to 8.1%

[Asia Economy Reporter Kum Boryeong] Hyundai Motor Securities is offering a public subscription for one type of DLS providing up to 8.10%.

Hyundai Motor Securities announced on the 8th that it will hold a public subscription for one step-down type DLS product worth a total of 5 billion KRW until 1 PM on the 10th.

'Hyundai Motor Securities DLS No. 108' is based on West Texas Intermediate (WTI) near-month futures and Brent near-month futures. It is a principal non-guaranteed product with a maturity of 1 year and 6 months.

With a step-down structure every 6 months, if all underlying assets are at or above 90% (6 months) and 85% (12 months) of the initial reference price every 6 months, it pays an annual return of 5.40% and is redeemed.

Even if early redemption does not occur, on the maturity evaluation date, if all underlying assets are at or above 80% of the initial reference price, or if during the investment period none of the underlying assets fell below 55% of the initial reference price, a return of 8.10% (annual 5.40%) is paid.

This product is classified as high risk due to the separation of financial investment products. The minimum subscription amount is 1 million KRW. Subscriptions are available at all Hyundai Motor Securities branches nationwide and on the website.

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