The Canadian Imperial Bank of Commerce (CM) is offering 4.25% Callable Senior Global Medium-Term Notes due March 3, 2031. These unsecured notes pay monthly interest and are callable annually from March 2027 to March 2030. Investors face risks including potential early redemption, credit risk of CIBC, illiquidity due to lack of exchange listing, and the applicability of Canadian bail-in powers.
CIBC (CM) offers 4.25% callable senior notes due March 3, 2031 — details
The Canadian Imperial Bank of Commerce (CM) is offering 4.25% Callable Senior Global Medium-Term Notes due March 3, 2031. These unsecured notes pay monthly interest and are callable annually from March 2027 to March 2030. Investors face risks including potential early redemption, credit risk of CIBC, illiquidity due to lack of exchange listing, and the applicability of Canadian bail-in powers.