Hi Investment & Securities Announces Public Offering of 2 ELS with Up to 4.02% Returns

[Asia Economy Reporter Park Jihwan] HI Investment & Securities announced on the 15th that it will publicly offer two types of equity-linked securities (ELS) totaling 3 billion KRW by 4 PM.

HI ELS No. 2727 is a 3-year maturity, early redemption type ELS with quarterly evaluation periods, based on the S&P 500 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 88% (4 months), 88% (8 months), 88% (12 months), 85% (16 months), 85% (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 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. 2728 is a 3-year maturity, early redemption type lizard ELS with semi-annual evaluation periods, 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 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 12.30% (annualized 4.10%).

Even if early redemption conditions are not met, if 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 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 83% of the initial reference price (Lizard Condition 2), a lizard return of 6.15% 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 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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