Hi Investment & Securities, Public Offering of One Type of ELS

[Asia Economy Reporter Minji Lee] HI Investment & Securities announced on the 26th that it will publicly offer one type of Equity-Linked Securities (ELS) totaling 10 billion KRW by 4 PM on November 2nd.

HI ELS No. 3174 is a 3-year maturity ELS with early redemption every 6 months, 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 85% of the initial reference price (at 6 and 12 months), 80% (at 18 and 24 months), 75% (at 30 months), and 65% (at 36 months), it pays a maximum return of 28.20% (9.40% per annum).

Even if early redemption does not occur, if at maturity 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 one of the underlying assets falls below 65%, principal loss may occur according to the maturity repayment 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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