Hi Investment & Securities, Public Offering of Two ELS Worth 3 Billion KRW

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 2nd that it will offer two types of equity-linked securities (ELS) totaling 3 billion KRW by 1 PM on the 5th.

HI ELS No. 2484 is a 3-year maturity, 6-month interval early redemption lizard ELS based on 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% (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 13.20% (annualized 4.40%).

Even if the early redemption conditions are not met, if from the initial reference price evaluation date (excluding) to the first early redemption evaluation date (6 months), the closing prices of all underlying assets have never fallen 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 have never fallen below 80% of the initial reference price (Lizard Condition 2), a lizard yield of 6.60% per annum will be paid upon redemption. At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered yield will be paid; however, if any of the underlying assets fall below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2485 is a 3-year maturity, 6-month interval early redemption ELS based on the S&P 500 Index. On automatic early redemption evaluation dates, if the closing price of the underlying asset is at least 95% (6 months), 95% (12 months), 90% (18 months), 85% (24 months), 85% (30 months), and 75% (36 months) of the initial reference price, it pays a maximum return of 12.90% (annualized 4.30%). At maturity, if the underlying asset’s closing price has never fallen below 55% of the initial reference price until the maturity evaluation date, a yield of 4.30% per annum will be paid. If the underlying asset has fallen below 55% at any time and is below 75% at maturity evaluation, principal loss may occur according to the maturity redemption conditions.

The minimum subscription amount for these products is 1 million KRW, in units of 100,000 KRW. For more details, please contact the HI Investment & Securities Customer Support Center.

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