The unsold shares from the financing deal for Silver Wheaton Corp. are now in the hands of investors but underwriters of the deal have been left with losses.
The unsold shares from the financing deal for Silver Wheaton Corp. are now in the hands of investors but underwriters of the deal have been left with losses. The shares did not sell as well as hoped and were eventually discounted by 11 per cent. The underwriters, including Scotia Capital, have been left with losses of between $5m and $10m.
