The Canadian Imperial Bank of Commerce issued USD 500,000,000 Series CBL59 Tranche 2 4.876% Covered Bonds
Date
June 10, 2025Office Involved
On June 3, 2025, the Canadian Imperial Bank of Commerce (CIBC) closed its offering of US$500,000,000 Series CBL59 Tranche 2 4.876% Covered Bonds due January 14, 2030, to be consolidated to form a single series with the USD 1,500,000,000 4.876% Series CBL59 Tranche 1 Covered Bonds, issued on January 14, 2025.
The Canadian Imperial Bank of Commerce (CIBC) based in Toronto, Ontario is a multifaceted bank that offers an extensive array of financial services.
McCarthy Tetrault advised CIBC with a team led by Jo-Anna Brimmer, that included Candace Pallone, Tina Benson, Tamas Toezser, Lama Kahiel and Krystel Ametepeh (Business).
