NH Investment & Securities to Offer 3 Types of Public ELS Until the 5th

There are products available that allow early repayment every 3 months

[Asia Economy Reporter Kum Boryeong] NH Investment & Securities is selling three types of publicly offered equity-linked securities (ELS).

NH Investment & Securities announced on the 4th that it will accept subscriptions for three types of public ELS until 1 PM on the 5th.

ELS19783 is a product that allows early redemption every three months after issuance. It offers the possibility of relatively quick early redemption. The underlying assets are the S&P 500 Index, Euro Stoxx 50 Index, and KOSPI 200 Index. It is a 3-year maturity product, and if on the early redemption evaluation dates all underlying asset prices are at least 85% (3, 6, 9, 12 months), 80% (15, 18, 21, 24 months), or 75% (27, 30, 33, 36 months) of the initial reference price, a pre-tax annual return of 6.0% is paid. If any of the underlying assets have fallen below 45% of the initial reference price at any time, and at maturity evaluation any of them are below 75%, principal loss of up to 100% may occur according to the maturity redemption conditions.

The three ELS products are being offered with a total limit of 27 billion KRW. Subscriptions can be made at NH Investment & Securities branches nationwide or through the NH Investment & Securities online website. The minimum subscription amount for each product is 1 million KRW. Detailed information is available through the customer center.