Hyundai Motor Securities Announces Public Offering of Two Early Redemption Step-Down ELS Types

Public Offering Until the 20th
Up to 12% Annual Pre-Tax Yield if Conditions Are Met

Hyundai Motor Securities announced that from the 14th to the 20th, it will offer two types of principal non-guaranteed early redemption step-down Hyundai Motor Securities public offering Series 2652 and Series 2653 equity-linked securities (ELS).

The Hyundai Motor Securities public offering Series 2652 ELS has underlying assets of the S&P 500 Index, Euro Stoxx 50 Index, and POSCO Holdings common stock, with a maturity of 3 years. It offers a maximum pre-tax annual return of 12.0% if conditions are met. The minimum subscription amount is 1 million KRW, and subscriptions can be made in units of 100,000 KRW.

According to the early redemption step-down product structure, automatic early redemption and maturity redemption opportunities are provided every 6 months. On the automatic early redemption evaluation dates, if the closing price of each underlying asset is 90% (at 6 and 12 months), 85% (at 18 and 24 months), or 80% (at 30 months) of the initial reference price, early redemption will occur.

If on the maturity evaluation date, the maturity evaluation price of each underlying asset is at least 75% of the initial reference price, a pre-tax return of 36.0% (12.0% per annum) can be received. However, under the knock-in structure, if the closing price of any one of the underlying assets falls below 45% of the initial reference price at any time during the investment period, principal loss may occur.

The Hyundai Motor Securities public offering Series 2653 ELS has underlying assets of the S&P 500 Index, Euro Stoxx 50 Index, and Nikkei 225 Index, with a maturity of 3 years. It offers a maximum pre-tax annual return of 7.8% if conditions are met. The minimum subscription amount is 1 million KRW, and subscriptions can be made in units of 100,000 KRW.

According to the early redemption step-down product structure, automatic early redemption and maturity redemption opportunities are provided every 6 months. On the automatic early redemption evaluation dates, if the closing price of each underlying asset is 85% (at 6, 12, and 18 months) or 80% (at 24 and 30 months) of the initial reference price, early redemption will occur.

If on the maturity evaluation date, the maturity evaluation price of each underlying asset is at least 75% of the initial reference price, a pre-tax return of 23.4% (7.8% per annum) can be received. However, under the knock-in structure, if the closing price of any one of the underlying assets falls below 45% of the initial reference price at any time during the investment period, principal loss may occur.

Subscriptions can be made at all Hyundai Motor Securities branches or through online platforms (MTS, HTS). However, individual retail investors should note that due to the cooling-off system, subscriptions are only possible until February 16.

ELS are principal non-guaranteed products linked to the prices of individual stocks or stock indices, with returns determined according to a pre-set structure. Depending on the product structure, investors can expect returns not only when stock prices rise but also to some extent when they fall; however, principal loss may occur, which is borne by the investor.

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