Hi Investment & Securities Announces Public Offering of Two ELS Products with Annual 5.7% Yield

[Asia Economy Reporter Ji-hwan Park] HI Investment & Securities announced on the 24th that it will publicly offer two types of equity-linked securities (ELS) totaling 4 billion KRW by 4 p.m. on the 3rd of next month.

HI ELS No. 2873 is a 3-year maturity, early redemption type ELS with semi-annual evaluation based on the KOSPI 200 Index, the Hong Kong Hang Seng Index (HSI), and the EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 85% (6 months), 85% (12 months), 80% (18 months), 80% (24 months), 75% (30 months), and 65% (36 months) of the initial reference price, it pays a maximum return of 17.10% (annualized 5.70%). At maturity, if the closing prices of all underlying assets are at least 65% of the initial reference price, the initially offered return rate is paid; however, if any of the underlying assets fall below 65%, principal loss may occur according to the maturity redemption conditions.

HI ELS No. 2874 is a 3-year maturity, semi-annual early redemption type lizard ELS based on the KOSPI 200 Index, the S&P 500 Index, and the EUROSTOXX 50 Index. On automatic early redemption evaluation dates, if the closing prices of all underlying assets are at least 88% (6 months), 88% (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 17.10% (annualized 5.70%). Even if the early redemption conditions are not met, if from the initial reference price evaluation date (exclusive) to the first early redemption evaluation date (6 months), the closing prices of all underlying assets have never fallen below 83% of the initial reference price, or until the second early redemption evaluation date (12 months), the closing prices of all underlying assets have never fallen below 75% of the initial reference price, the lizard return rate of 5.70% per annum will be paid and the investment 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 return rate is paid; 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 are possible in units of 100,000 KRW. For more detailed information, please contact the HI Investment & Securities Customer Support Center.