CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ (CM) Form 424B3 — Sep 23, 2026
Canadian Imperial Bank of Commerce filed a preliminary prospectus supplement (424B3) dated September 23, 2026 for an offering of US$ Floating Rate Senior Notes and US$ Fixed-to-Floating Rate Senior Notes, with final amounts, spreads, and maturities left blank pending pricing. The notes are unsecured, unsubordinated bail-inable obligations that count toward CIBC's Total Loss Absorbing Capacity and are subject to conversion into common shares under the Canadian CDIC bail-in regime. Proceeds will be added to the Bank's general funds and used for general corporate purposes.
Key figures
- Note types
- Floating Rate Senior Notes (Compounded SOFR + margin) and Fixed-to-Floating Rate Senior Notes
- Bail inable
- Yes
- Denominations
- US$2,000 and integral multiples of US$1,000
- Shelf capacity usd
- 20000000000
AI analysis
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