Hyundai Motor Securities, 6-Month Maturity Pre-Tax 4.1% Annual ELB Public Offering

Hyundai Motor Securities announced on the 13th that it is offering the 6-month maturity "Hyundai Motor Securities 1082nd Equity-Linked Derivative Bond (ELB)" which pays a pre-tax annual return of 4.1%.

The Hyundai Motor Securities 1082nd ELB is a principal-protected product, meaning that except in cases such as the bankruptcy of the issuer, Hyundai Motor Securities, the principal will be repaid.

The total subscription limit is 10 billion KRW, and the maturity date is March 18, 2024. The underlying asset is the KOSPI 200 index, and if on the maturity evaluation date, March 14, 2024, the underlying asset is at least 200% of the initial reference price, an additional interest of 0.01% of the issuance amount will be paid.

Subscriptions can be made from the 13th to 3 PM on the 15th of this month, with a minimum subscription amount of 1 million KRW and in increments of 100,000 KRW. After the subscription period, cancellations are not allowed, and payment must be completed by the 15th. To participate in the subscription, customers can visit any Hyundai Motor Securities branch nationwide or subscribe online via HTS, MTS, or the website.

The ELB is a product that pays the principal even if the redemption conditions are not met, and additional returns can be expected depending on the agreed terms. However, if a credit event (default or bankruptcy) occurs with the issuer, Hyundai Motor Securities, principal loss may occur and will be borne by the investor.

For more details, please contact the Hyundai Motor Securities website or the Smart Finance Center.

This content was produced with the assistance of AI translation services.