Hi Investment & Securities, Two Public Offerings Including ELS with Up to 4.2% Annual Yield

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 23rd that it will publicly offer two types of equity-linked securities (ELS) totaling 3 billion KRW by 4 PM on the 29th.

HI ELS No. 2649 is a 3-year maturity, early redemption type ELS with semi-annual observation 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 price of the underlying assets is at least 93% (6 months), 90% (12 months), 88% (18 months), 85% (24 months), 83% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 12.60% (4.20% 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 is paid. However, if any one of the underlying assets falls below 65%, principal loss may occur depending on the maturity redemption conditions.

HI ELS No. 2650 is a 3-year maturity, semi-annual early redemption type lizard ELS 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% (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% per annum).

Even if the above early redemption conditions are not met, if from the initial reference price evaluation date (excluded) to the second early redemption evaluation date (12 months), the closing prices of all underlying assets have never fallen below 83% of the initial reference price (lizard condition), a lizard return of 4.00% per annum is paid and the principal is redeemed.

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 one of the underlying assets falls below 65%, principal loss may occur depending on the maturity redemption conditions.

The minimum subscription amount for the product is 1 million KRW, and subscriptions can be made in units of 100,000 KRW.

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