NH Investment & Securities Launches 5 Public ELS Offerings Including Overseas Stock Underlying Asset Products

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities is launching products based on overseas stocks as underlying assets.

NH Investment & Securities announced on the 19th that it will募集 five types of public stock-linked securities (ELS) until 1 PM on the 21st.

ELS 20033 offers early redemption after 6 months if the condition of 85% or higher is met. Early redemption can be expected relatively quickly. The principal loss condition is also 50%, and it pays an annual interest of 5.5% (before tax). ELS 20033 is a 3-year maturity product based on the S&P 500, Euro Stoxx 50 Index, and KOSPI 200 Index. On early redemption evaluation dates, if the prices of all underlying assets are 85% (6, 12, 18 months), 80% (24, 30 months), and 75% (36 months) or higher compared to the initial reference price, it pays an annual interest of 5.5% (before tax).

Even if early redemption does not occur, if none of the underlying assets have fallen below 50% of the initial reference price until the maturity evaluation date, it pays an annual interest of 5.5% (before tax). However, if any of the underlying assets have fallen below 50% of the initial reference price and at maturity evaluation any of them are below 75%, principal loss of up to 100% may occur according to the maturity redemption conditions.

ELS 20035 is an early redemption seeking product based on overseas stocks. It is a 3-year maturity product based on Facebook and Advanced Micro Devices Inc., listed on the US Nasdaq market. On early redemption evaluation dates, if the prices of all underlying assets are 85% (6, 12, 18, 24 months), 80% (30 months), and 75% (36 months) or higher compared to the initial reference price, it pays an annual interest of 17.00% (before tax). However, if any of the underlying assets have fallen below 45% of the initial reference price and at maturity evaluation any of them are below 75%, principal loss of up to 100% may occur according to the maturity redemption conditions.

NH Investment & Securities is募集 45 billion KRW limit for the five ELS products. Subscriptions are available at all NH Investment & Securities branches and on the NH Investment & Securities online homepage. The minimum subscription amount per product is 1 million KRW. Detailed information can be found on the NH Investment & Securities website or through the customer center.

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