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

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 29th that it will publicly offer two types of equity-linked securities (ELS) totaling 4 billion KRW by 1 PM on the 3rd of next month.

HI ELS 2207 is a 3-year maturity, early redemption type ELS product with quarterly evaluation periods, 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 or above 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), and 65% (at 36 months), it pays a maximum return of 18.00% (6.00% annualized). At maturity, if the closing prices of all underlying assets are at or above 65% of the initial reference price, the initially offered return rate is paid. However, if any one of the underlying assets falls below 65%, principal loss may occur depending on the maturity repayment conditions.

HI ELS 2208, offered during the same period, is a 3-year maturity, semi-annual early redemption type ELS based on the NIKKEI 225 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 or above 90% of the initial reference price (at 6 and 12 months), 85% (at 18 and 24 months), 80% (at 30 months), and 65% (at 36 months), it pays a maximum return of 18.00% (6.00% annualized). Even if early redemption conditions are not met, if during the period from the initial reference price evaluation date to the first early redemption evaluation date (6 months) the closing prices of all underlying assets never fall below 80% of the initial reference price, or until the second early redemption evaluation date (12 months) they never fall below 75%, a lizard return rate of 9.00% per annum is paid upon redemption.

The minimum subscription amount for the products is 1 million KRW, with additional subscriptions possible in increments of 100,000 KRW. For more detailed information, please contact the HI Investment & Securities Customer Support Center.

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