Hi Investment & Securities, Public Offering of ELS with 4.5% Annual Yield

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 9th that it will offer a total of 50 billion KRW worth of one type of Equity-Linked Securities (ELS) through a public offering until 1 PM on the 13th.

HI ELS No. 2325 is a 3-year maturity, semi-annual early redemption type ELS based on three underlying assets: the KOSPI 200 Index, the Hong Kong Hang Seng Index (HSI), and the EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 90% of the initial reference price (at 6 and 12 months), 85% (at 18 and 24 months), or 80% (at 30 and 36 months), it pays a maximum return of 13.50% (annualized 4.50%).

Even if the automatic early redemption conditions are not met until 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 will be paid. However, if the redemption conditions are not met until maturity and any of the underlying assets have fallen below 55% of the initial reference price (based on closing price) during the investment period, losses may occur according to the maturity redemption conditions.

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

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