Hi Investment & Securities Announces Public Offering of 2 ELS Products with Up to 4.6% Annual Returns

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 23rd that it will offer two types of equity-linked securities (ELS) totaling 3 billion KRW by 1 PM.

HI ELS No. 2555 is a 3-year maturity, 6-month interval early redemption lizard ELS based on the KOSPI 200 Index, Hong Kong Hang Seng Index (HSI), and EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 90% (6 months), 90% (12 months), 85% (18 months), 85% (24 months), 80% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 12.00% (4.00% per annum).

Even if the above early redemption conditions are not met, if from the initial reference price evaluation date (excluding) to the second early redemption evaluation date (12 months), the closing prices of all underlying assets have never fallen below 83% of the initial reference price (lizard condition), a lizard yield of 4.00% per annum will be paid and the principal will be redeemed. At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered yield will be paid; however, if any of the underlying assets fall below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2556 is a 3-year maturity, 6-month interval early redemption monthly payment ELS based on Samsung Electronics common stock, the Hong Kong Hang Seng China Enterprises Index (HSCEI), and the S&P 500 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 95% (6 months), 95% (12 months), 90% (18 months), 85% (24 months), 80% (30 months), and 80% (36 months) of the initial reference price, the principal is paid. Additionally, on each monthly coupon payment evaluation date, if the evaluation prices (closing prices) of all underlying assets are at least 65% of the initial reference price, a monthly coupon of 4.62% per annum (0.385% per month) is paid.

At maturity, if none of the underlying assets have fallen below 60% of the initial reference price until the maturity evaluation date, the principal is paid. However, if any underlying asset has fallen below 60%, and at maturity evaluation any underlying asset is below 80%, 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. For more detailed information, please contact the HI Investment & Securities Customer Support Center.