The latest US issuance features a handful of products based on energy companies, reflecting the global trend towards investment in clean energy. Solar panel company Trina Solar is the subject of a reverse convertible from Royal Bank of Canada (RBC).
RBC's Reverse Convertible Notes linked to Trina Solar are three-month notes paying an annual return of 18.5%. The notes feature a protection barrier of 70%, after which capital is lost at the rate of 1:1. The underlying has a high annualised level of
The week on Risk.net, July 7-13, 2018Receive this by email