Hi Investment & Securities, Public Offering of 2 Types of ELS Until the 23rd

[Asia Economy Reporter Minji Lee] HI Investment & Securities announced on the 16th that it will offer two types of equity-linked securities (ELS) totaling 4 billion KRW through a public offering until 4 PM on the 23rd.

HI ELS No. 2896 is a 3-year maturity, early redemption type ELS with semi-annual evaluation based on the KOSPI 200 Index, the Hong Kong Hang Seng Index (HSI), and the Euro Stoxx 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), 80% (24 months), 75% (30 months), and 70% (36 months) of the initial reference price, it pays a maximum return of 18.60% (annualized 6.20%).

Even if early redemption does not occur, if none of the underlying assets have fallen below 50% of the initial reference price until the maturity evaluation date, a yield of 6.2% per annum will be paid.

If any of the underlying assets have fallen below 50% at any time and at maturity evaluation any of the underlying assets are below 70%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2897 is a 3-year maturity, semi-annual early redemption type lizard ELS based on the KOSPI 200 Index, S&P 500 Index, and Euro Stoxx 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), 80% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 18.00% (annualized 6.00%).

If the above early redemption conditions are not met, but 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 80% 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 75% of the initial reference price (Lizard Condition 2), a lizard yield of 6.00% per annum will be paid and the principal 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 yield will be 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 are possible in increments of 100,000 KRW.

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