CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (CM) Form 6-K — Jun 16, 2026
Canadian Imperial Bank of Commerce filed a Form 6-K announcing the issuance of $2 billion in aggregate principal amount of Fixed-to-Floating Rate Senior Notes. The offering consists of $1 billion of 4.723% notes due 2029 and $1 billion of 5.051% notes due 2032. The notes were priced at par with delivery expected on or about June 16, 2026. Net proceeds from the sale are intended for general corporate purposes, adding to the bank's general funds.
Key figures
- Debt Amount
- US$2,000,000,000
- 2029 notes rate
- 4.723%
- 2032 notes rate
- 5.051%
- 2029 notes maturity
- June 16, 2029
- 2032 notes maturity
- June 16, 2032
- 2029 notes principal
- US$1,000,000,000
- 2032 notes principal
- US$1,000,000,000
AI analysis
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