CIBC completes EURO denominated 2.625% covered bond issuance of €1.25B due October 1, 2029

On October 1, 2024, CIBC closed its €1,250,000,000 2.625% covered bond issuance due October 1, 2029. The covered bonds were issued under CIBC’s CAD $60 billion global covered bond program.

CIBC is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario.

McCarthy Tétrault advised CIBC with a team led by Jo-Anna Brimmer that included Tina Benson, Tamas Toezser, Jonathan Leung, Pegah Mortazavian (Business) and Candace Pallone (Financial Services).