Hi Investment & Securities, 3 Public Offerings Including ELS with Up to 4.11% Annual Yield

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 1st that it will publicly offer three types of equity-linked securities (ELS) totaling 6 billion KRW until 1 PM on the 5th.

HI ELS No. 2436 is a 3-year maturity, early redemption type ELS with quarterly evaluations 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 95% (4 months), 90% (8 months), 87% (12 months), 87% (16 months), 85% (20 months), 85% (24 months), 80% (28 months), 80% (32 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 12.33% (4.11% annualized). At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return is paid; however, if any underlying asset falls below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2437 is a 3-year maturity, semi-annual early redemption type lizard ELS based on the KOSPI 200 Index, S&P 500 Index, and EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 90% (6 months), 90% (12 months), 87% (18 months), 87% (24 months), 85% (30 months), and 80% (36 months) of the initial reference price, it pays a maximum return of 12.00% (4.00% annualized). 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 never fell below 85% of the initial reference price (Lizard Condition 1), or until the second early redemption evaluation date (12 months), the closing prices of all underlying assets never fell below 83% (Lizard Condition 2), a lizard return of 8.00% annually is paid upon redemption.

At maturity, if none of the underlying assets have fallen below 57% of the initial reference price by the maturity evaluation date, a 4.00% annual return is paid. However, if any underlying asset has fallen below 57%, and at maturity any underlying asset is below 80%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2438 is a 3-year maturity, semi-annual early redemption monthly payment ELS based on the KOSPI 200 Index, Hong Kong Hang Seng China Enterprises Index (HSCEI), and S&P 500 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 95% (6 months), 90% (12 months), 90% (18 months), 85% (24 months), 80% (30 months), and 75% (36 months) of the initial reference price, principal is paid. Additionally, on each monthly coupon payment evaluation date, if the evaluation price (closing price) of all underlying assets is at least 60% of the initial reference price, a monthly coupon of 0.340% (4.08% annualized) is paid.

The minimum subscription amount for the product is 1 million KRW, in units of 100,000 KRW.

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