Hi Investment & Securities Launches 3 ELS Products Offering Up to 6% Annual Returns

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 22nd that it will offer three types of Equity-Linked Securities (ELS) totaling 7 billion KRW through a public offering until 1 PM on the 26th.

HI ELS No. 2471 is a 3-year maturity, early redemption type ELS with quarterly evaluation periods, 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% (4 months), 85% (8 months), 85% (12 months), 85% (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 12.06% (4.02% 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 repayment conditions.

HI ELS No. 2472 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), 85% (18 months), 85% (24 months), 80% (30 months), and 65% (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 during the period 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 80% of the initial reference price (Lizard Condition 2), a lizard return of 6.00% per annum is paid upon redemption.

HI ELS No. 2473 is a 3-year maturity, semi-annual early redemption type ELS based on Samsung Electronics common stock, 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), 95% (12 months), 85% (18 months), 85% (24 months), 80% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 18.00% (6.00% annualized).

The minimum subscription amount for these products is 1 million KRW, and contracts can be made in units of 100,000 KRW.

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