[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 14th that it will publicly offer two types of Equity-Linked Securities (ELS) totaling 3 billion KRW by 4 PM on the 21st.


HI ELS No. 2678 is a 3-year maturity, early redemption type ELS with quarterly evaluation based on the KOSPI 200 Index, Hong Kong Hang Seng Index (HSI), and EUROSTOXX 50 Index as underlying assets. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 92% (4 months), 92% (8 months), 90% (12 months), 87% (16 months), 87% (20 months), 85% (24 months), 83% (28 months), 80% (32 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 12.06% (annualized 4.02%).


At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return 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. 2679 is a 3-year maturity, 6-month interval 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 93% (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% (annualized 4.00%). 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 have never fallen below 87% of the initial reference price, or until 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, a lizard return of 4.00% 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 return will be paid. However, if any underlying asset falls below 65%, principal loss may occur according to the maturity redemption conditions. The minimum subscription amount for the product is 1 million KRW, in units of 100,000 KRW.


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