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CIBC to Issue 6.950% NVCC AT1 Limited Recourse Capital Notes

Newswire.ca - Tue Oct 29, 6:13PM CDT

TORONTO, Oct. 29, 2024 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced the public offering in the United States of US$500 million of 6.950% Fixed Rate Reset Limited Recourse Capital Notes Series 5 (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) (the "LRCNs").

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