Date Closed

January 25, 2023

Lead Office

Toronto

On January  25, 2023, CIBC, as the seller, and CARDS II Trust, as issuer, completed the C$1.6 billion issuance of credit card receivables-backed notes.

McCarthy Tétrault advised CIBC and CARDS II Trust with a team led by Dean Masse that included Daryna Kutsyna, Candace Pallone, Mary Jeanne Phelan (Business), Jeff Oldewening, and Kathryn Walker (Tax).