US wrap: Barclays reverse convertibles given low ratings
Barclays is the only issuer in latest US offering
After a few days of large and varied issuances in the US market, the latest offering has a much smaller choice and consists solely of Barclays reverse convertibles, although the underlying stocks still exhibit some variety.
None of the products have achieved a particularly high overall rating. The highest rating goes to the Reverse Convertible Notes linked to Millicom International Cellular S.A., but the notes have only been rated as 4.3 and the riskmap rating of 2.7 is also low. The notes have
