Hi Investment & Securities, Public Offering of Two ELS Worth 20 Billion KRW

Hi Investment & Securities will offer two types of equity-linked securities (ELS) totaling 20 billion KRW from the 22nd until 4 PM on the 29th.

HI ELS No. 3577 is a 3-year maturity, semi-annual early redemption type ELS based on the Hang Seng China Enterprises Index (HSCEI), KOSPI 200 Index, and S&P 500 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, 12, and 18 months), 80% (at 24 months), 75% (at 30 months), and 70% (at 36 months), it pays a maximum return of 22.80% (7.60% per annum).

Even if early redemption does not occur, if none of the underlying assets have fallen below 50% of the initial reference price by the maturity evaluation date, it pays a 7.60% annual return. However, if any of the underlying assets have dropped below 50% at any time and at maturity any of the underlying assets are below 70%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 3578 is a 3-year maturity, semi-annual early redemption type ELS based on the S&P 500 Index, Euro Stoxx 50 Index, and Nikkei 225 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 19.50% (6.50% per annum). Even if early redemption does not occur, if the closing prices of all underlying assets are at least 65% of the initial reference price at maturity, it pays a 6.50% annual return. 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 products is 1 million KRW, and subscriptions can be made in units of 100,000 KRW. General individual investors can subscribe from the 22nd to the 24th. According to the investor cooling-off system, there is a two-business-day cooling-off period after the subscription date, and the subscription intention must be confirmed on the third business day.

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