Hi Investment & Securities Announces Public Offering of Two ELS with Annual 6.2% Returns

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 10th that it will offer two types of equity-linked securities (ELS) totaling 4 billion KRW by 1 PM on the 14th.

HI ELS 2236 is a 3-year maturity, early redemption type ELS with semi-annual evaluation, 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 6 and 12 months), 80% (at 18 and 24 months), or 75% (at 30 and 36 months), it pays a maximum return of 18.60% (6.20% per annum).

Even if the redemption conditions are not met by maturity, if none of the underlying assets have fallen below 55% of the initial reference price (based on closing price) during the investment period, the initially offered return rate will be paid. However, if the redemption conditions are not met by maturity and any underlying asset has fallen below 55% of the initial reference price during the investment period, losses may occur according to the maturity redemption conditions.

HI ELS 2237 is a 3-year maturity, early redemption type ELS with semi-annual evaluation, based on the KOSPI 200 Index, EUROSTOXX 50 Index, 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% (at 6 and 12 months), 85% (at 18 and 24 months), 80% (at 30 months), or 65% (at 36 months) of the initial reference price, it pays a maximum return of 16.80% (5.60% per annum).

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 have never fallen below 85% of the initial reference price (Lizard Condition 1), or if until the second early redemption evaluation date (12 months), the closing prices of all underlying assets have never fallen below 80% of the initial reference price, an annual lizard return of 8.40% will be paid and the investment will be redeemed.

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

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