Hyundai Motor Securities Issues 2 Types of ELS Worth 10 Billion Won (Series 2722/2723)
Hyundai Motor Securities has publicly offered two types of Equity-Linked Securities (ELS) totaling 10 billion won (5 billion won per issue).
Series 2722 is linked to KOSPI200 and SK Hynix, with a 3-year maturity, maximum pre-tax return of 23.310% per annum, and non-principal-protected.
Series 2723 is linked to KOSPI200 and Hyundai Motor, with a 3-year maturity, maximum pre-tax return of 12.510% per annum, and non-principal-protected.
Both products are not protected by the Depositor Protection Act, may incur loss of principal (up to 100%), and are classified as high-difficulty financial investment products.
The proceeds will be used for hedging transactions in underlying assets and derivatives.