Canada based Universal Bank Canadian Imperial Bank of Commerce has finalised a private placement in the USD Floating Rate Euro Medium Term Note market. The financing matures in 2028 and was executed by a single dealer.
A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
Gold users are able to click on the ISIN to check the full term sheet for this deal. XS2657615345
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| Issuer Details | |
| Issuer | Canadian Imperial Bank of Commerce |
| LEI | 2IGI19DL77OX0HC3ZE78 |
| Industry | Bank - Diversified |
| Country | Canada |
| Issuer Description | CIBC (TSX: CM, NYSE: BCM) is a leading North American financial institution. Through its two distinct business lines, CIBC Retail Markets and CIBC World Markets, CIBC provides a full range of products and services to more than 11 million individual and small business clients, administers $203.2 billion of assets for individuals and meets the financial needs of corporate and institutional clients.. Canadian Imperial Bank of Commerce provides banking and financial services to consumers, individuals, and corporate clients in Canada and around the world. |
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| Trade Details | |
| Security Type | MTN |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Floating Rate |
| Coupon | [Login to see full details] |
| Price | [Login to see full details] |
| It came at a spread of [Login to see full details] in the Euro bond market. | |
| Term | [Login to see full details] |
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| Maturity Date | [Login to see full details] |
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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
Check here for all issuer’s year to date financings.