Imax equity is one of the underlyings in ABN Amro's latest reverse convertible offering, as more unusual stocks come to the fore in the US structured products market.
The punt is excellent timing for ABN, as Imax has recently announced unprecedented box office receipts of $100 million for the fourth quarter 2009, boosted by the film Avatar. The note pays an annualised coupon of 14.75% over six months with a conversion barrier of 75%.
Barclays Bank has added yet more notes to its considerable rev
The week on Risk.net, July 7-13, 2018Receive this by email