Hi Investment & Securities, Two Public Offerings Including ELS with Up to 4% Annual Yield

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 21st that it will offer two types of equity-linked securities (ELS) totaling 70 billion KRW through a public offering until 1 PM on the 30th.

HI ELS No. 2377 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), 87% (at 18 and 24 months), and 85% (at 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 60% 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 60% of the initial reference price (based on closing price) during the investment period, losses may occur according to the maturity redemption conditions.

HI ELS No. 2378, offered during the same period, is a 3-year maturity, semi-annual early redemption type ELS 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 83% (at 6, 12, 18, and 24 months), 80% (at 30 months), and 65% (at 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 of the underlying assets fall 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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