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

General Individual Investors Subscription from 24th to 26th

Hi Investment & Securities will offer a public subscription of one type of Equity-Linked Securities (ELS) worth 2 billion KRW from the 24th until 4 PM on the 31st.

HI ELS No. 3615 is a 3-year maturity, early redemption type ELS with automatic early redemption every 6 months, based on the Hang Seng China Enterprises Index (HSCEI), KOSPI 200 Index, and EUROSTOXX 50 Index. On the 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 22.20% (7.40% per annum).

Even if early redemption does not occur, if none of the underlying assets have fallen below 50% of the initial reference price at any time until the maturity evaluation date, a return of 7.40% per annum will be paid. However, 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.

The minimum subscription amount for the product is 1 million KRW, and subscriptions can be made in units of 100,000 KRW. General individual investors can subscribe from the 24th to the 26th. According to the investor cooling-off system, there is a 2-business-day cooling-off period after the subscription date, and on the 3rd business day, the investor must confirm their intention to subscribe.

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