Hi Investment & Securities Announces Public Offering of 2 ELS Types with Up to 4% Returns

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 7th that it will offer two types of equity-linked securities (ELS) totaling 80 billion KRW through a public offering until 1 PM on the 11th.

HI ELS No. 2362 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 90% of the initial reference price (at 6, 12, and 18 months) or 85% (at 24, 30, and 36 months), it pays a maximum return of 12.00% (4.00% per annum).

Even if the automatic early redemption conditions are not met until maturity, if none of the underlying assets have fallen below 57% 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 by maturity and any underlying asset has fallen below 57% of the initial reference price during the investment period, losses may occur according to the maturity redemption conditions.

HI ELS No. 2363, offered during the same period, 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 85% (6, 12, 18 months), 80% (24 months), 75% (30 months), or 65% (36 months) of the initial reference price, it pays a maximum return of 6.00% (2.00% per annum).

At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return will be paid. However, if any underlying asset falls below 65%, principal loss may occur according to the maturity redemption conditions.

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.

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