CIBC completes covered bond issuance of CHF300M
July 14, 2023
300.00 Million CHF
On July 14, 2023, Canadian Imperial Bank of Commerce (CIBC) closed a covered bond issuance of CHF 300,000,000 at 1.910% due July 14, 2028. The covered bonds were issued under CIBC’s C$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 assisted CIBC with a team led by Joanna Brimmer that included Marc MacMullin, Candace Pallone (Financial Services), Jonathan Leung and Jackson Virgin-Holland (Business).