Hi Investment & Securities, Two Public Offerings Including ELS with Up to 4% Annual Yield View original image


[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 1st that it will publicly offer two types of Equity-Linked Securities (ELS) totaling 3 billion KRW by 4 PM on the 8th.


HI ELS No. 2716 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 all underlying assets are at least 85% (6 months), 85% (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).


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. 2717 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 88% (6 months), 88% (12 months), 85% (18 months), 85% (24 months), 83% (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 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 83% of the initial reference price (Lizard Condition 2), a lizard return of 6.00% per annum will be paid and the investment will be 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 of the underlying assets fall below 65%, principal loss may occur according to 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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