Hi Investment & Securities, Public Offering of One ELS Worth 3 Billion KRW

[Asia Economy Reporter Park Jihwan] HI Investment & Securities will offer a total of 3 billion KRW worth of one type of Equity-Linked Securities (ELS) through a public offering until 1 PM on the 29th.

HI ELS No. 2176 is a 3-year maturity, early redemption type ELS with quarterly evaluation periods, based on the KOSPI 200 Index, the Hong Kong Hang Seng Index (HSI), and the EUROSTOXX 50 Index.

On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 85% of the initial reference price (at 4, 8, and 12 months), 80% (at 16, 20, and 24 months), 75% (at 28 months), 70% (at 32 months), or 65% (at 36 months), a maximum return of 19.8% (6.6% per annum) will be paid.

At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered yield will be paid. However, if any one of the underlying assets falls below 65%, principal loss may occur according to the maturity redemption conditions.

The minimum subscription amount for the product is 1 million KRW, in increments of 100,000 KRW.

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