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Claymore Silver Bullion Trust Launches $75M Offer
Claymore Silver Bullion Trust has filed a prospectus for a $75 million offering of hedged trust units.
Claymore Silver Bullion Trusthas filed a prospectus for a $75 million offering of hedged trust units,Investment Executivereports. The units are priced at $25.80 each and will trade on theToronto Stock Exchange.
Investors in the units will get exposure to physical silver bullion with substantially all of the U.S. dollar currency exposure hedged back to the Canadian dollar. The offering is scheduled to close on September 7.
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