CIBC Launches $450 Mln Offering Of 5.898% Limited Recourse Capital Notes Series 8

(RTTNews) – CIBC (CM, CM.TO) announced a domestic public offering of $450 million in 5.898% Limited Recourse Capital Notes Series 8 (Non-Viability Contingent Capital or NVCC), classified as subordinated indebtedness. These notes, priced at $1,000 each, will be sold to select inst

CIBC Launches $450 Mln Offering Of 5.898% Limited Recourse Capital Notes Series 8

Major stock exchanges worldwide responded positively to trade agreement developments

(RTTNews) – CIBC (CM, CM.TO) announced a domestic public offering of $450 million in 5.898% Limited Recourse Capital Notes Series 8 (Non-Viability Contingent Capital or NVCC), classified as subordinated indebtedness. These notes, priced at $1,000 each, will be sold to select inst

Stay Ahead of the Markets

Get breaking news, expert insights, and market analysis delivered directly to your inbox.