Hi Investment & Securities, Public Offering of 3 ELS Worth 5 Billion KRW

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 15th that it will offer three types of equity-linked securities (ELS) totaling 5 billion KRW by 1 PM on the 19th.

HI ELS No. 2509 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 the underlying assets are at least 85% (6 months), 85% (12 months), 85% (18 months), 85% (24 months), 85% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 15.00% (5.00% per annum).

Additionally, 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 of the underlying assets fall below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2510 is a 3-year maturity, early redemption type lizard ELS with semi-annual evaluation 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 12.60% (4.20% per annum). Even if the 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 if 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, a lizard return of 6.30% per annum is 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 return is paid. However, if any underlying asset falls below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2511 is a 3-year maturity, early redemption type monthly payment ELS with semi-annual evaluation 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, the principal is paid. On each monthly coupon payment evaluation date, if the evaluation prices (closing prices) of all underlying assets are at least 60% of the initial reference price, a monthly coupon of 0.375% (4.50% per annum) is paid. At maturity, if none of the underlying assets have fallen below 55% of the initial reference price until the maturity evaluation date, the principal is paid. However, if any underlying asset has fallen below 55% and at maturity evaluation any underlying asset is below 75%, principal loss may occur according to the maturity redemption conditions.

The minimum subscription amount for the products is 1 million KRW, and subscriptions are possible in units of 100,000 KRW.

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