New Issue- CIBC prices 500 mln stg 2018 FRN

Wed Jan 7, 2015 9:45am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

Jan 7(Reuters) -Following are terms and conditions

of an FRN priced on Wednesday.

Borrower Canadian Imperial Bank of Commerce CM Corp

Guarantor CIBC Covered Bond (Legislative) Guarantor Limited Partnership

Issue Amount 500 million sterling

Maturity Date January 15, 2018

Coupon 3-month Libor + 19bp

Discount Margin 3-month Libor + 19bp   Continued...