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

[Asia Economy Reporter Park Jihwan] Hi Investment & Securities announced on the 11th that it will offer a total of 3 billion KRW worth of one type of Equity-Linked Securities (ELS) through public subscription until 1 PM on the 14th.

HI ELS 2181 is a 3-year maturity ELS with early redemption every 6 months, based on the KOSPI 200 Index, Hong Kong Hang Seng Index (HSI), and EUROSTOXX 50 Index. On the automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 85% of the initial reference price (at 6, 12, and 18 months), 80% (at 24 months), 75% (at 30 months), and 65% (at 36 months), it pays a maximum return of 20.40% (6.80% per annum).

Additionally, at maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return rate 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 units of 100,000 KRW.

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