Hi Investment & Securities, 3 Public Offerings Including ELS with Up to 9% Annual Yield

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 1st that it will publicly offer three types of Equity-Linked Securities (ELS) totaling 3 billion KRW by 1 PM on the 5th.

HI ELS No. 2187 is a 3-year maturity, early redemption type ELS with quarterly evaluations, based on the KOSPI 200 Index, Hong Kong Hang Seng Index (HSI), and 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% (16, 20, and 24 months), 75% (28 months), 70% (32 months), or 65% (36 months), it pays a maximum return of 19.80% (6.60% annualized).

At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return rate is paid. However, if any of the underlying assets fall below 65%, principal loss may occur depending on the maturity redemption conditions.

HI ELS No. 2188, offered during the same period, is a 3-year maturity, early redemption type ELS with semi-annual evaluations, based on the KOSPI 200 Index, Hong Kong Hang Seng Index (HSI), and EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 90% (6 and 12 months), 85% (18 and 24 months), 80% (30 months), or 65% (36 months) of the initial reference price, it pays a maximum return of 16.80% (5.60% annualized). Even if early redemption conditions are not met, if from the initial reference price evaluation date (excluded) to the first early redemption evaluation date (6 months), the closing prices of all underlying assets never fell below 80% of the initial reference price (Lizard Condition 1), or until the second early redemption evaluation date (12 months), the closing prices of all underlying assets never fell below 75% of the initial reference price (Lizard Condition 2), an 8.40% lizard return is paid upon redemption.

HI ELS No. 2189 is a 3-year maturity, early redemption type ELS with semi-annual evaluations, based on the NIKKEI 225 Index, Hong Kong Hang Seng Index (HSI), and Standard & Poor's (S&P) 500 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 90% (6 and 12 months), 85% (18 months), 80% (24 and 30 months), or 75% (36 months) of the initial reference price, it pays a maximum return of 27.00% (9.00% annualized).

The minimum subscription amount for the products is 1 million KRW, with additional subscriptions possible in increments of 100,000 KRW.

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