Hana Securities Launches Three ELS Products Targeting Early Redemption
Hana Securities announced on the 3rd that it is offering a total of three types of ELS (Equity-Linked Securities) with increased early redemption possibilities.
The "Hana Securities ELS Series 14924" seeks an annual coupon of 6.00%, based on the Korean index (KOSPI200), European index (EUROSTOXX50), and U.S. index (S&P500). The maturity is 3 years, with a total of 6 redemption opportunities every 6 months. The redemption conditions are 90% or above of the initial reference price (1st), 85% or above (2nd to 3rd), 80% or above (4th), 75% or above (5th), and 70% or above (at maturity), with no knock-in.
Additionally, the "Hana Securities ELS Series 14925" seeks an annual coupon of 6.80%, based on the U.S. index (S&P500), European index (EUROSTOXX50), and Hong Kong index (HSCEI). The maturity is 3 years, with a total of 6 redemption opportunities every 6 months. The redemption conditions are 80% or above of the initial reference price (1st to 4th), 75% or above (5th), and 70% or above (at maturity), with no knock-in.
Furthermore, the "Hana Securities ELS Series 14926" seeks an annual coupon of 6.20%, based on the Korean index (KOSPI200), European index (EUROSTOXX50), and Hong Kong index (HSCEI). The maturity is 3 years, with a total of 6 redemption opportunities every 6 months. The redemption conditions are 85% or above of the initial reference price (1st), 80% or above (2nd to 4th), 75% or above (5th), and 70% or above (at maturity), with a 50% knock-in.
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The subscription period is until the 12th of this month. Each product is offered with a limit of 3 billion KRW, and subscriptions can be made in units of 1 million KRW, with a minimum subscription of 1 million KRW. These products are ultra-high-risk, and if any of the underlying assets fall below 70% at maturity, principal loss of up to 100% may occur according to the maturity redemption conditions. The coupons of each derivative-linked product are not guaranteed returns, and principal loss may occur in case of early redemption due to operational results or investor requests.
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