CIBC completes GBP denominated floating rate covered bond issuance of GBP800M due October 10, 2029
On October 10, 2024, CIBC closed its GBP 800,000,000 floating rate covered bond issuance due October 10, 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).
