CIBC FRN 25CIBC FRN 25CIBC FRN 25

CIBC FRN 25

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Key terms


Outstanding amount
‪250.00 M‬GBP
Face value
100,000.00GBP
Minimum denomination
Coupon
4.78% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.78%
Maturity date
Jul 9, 2025
Term to maturity
2 months

About CIBC FRN 25


Sector
Finance
Industry
Regional Banks
Home page
Issue date
Jul 9, 2024
ISIN
XS2856173757
FIGI
BBG01NL7ZP14
Canadian Imperial Bank of Commerce is a financial institution, which engages in the provision of banking and wealth management services. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, Capital Markets and Direct Financial Services, and Corporate and Other. The Canadian Personal and Business Banking segment provides financial advice, services, and solutions. The Canadian Commercial Banking and Wealth Management segment caters to middle-market companies, entrepreneurs, high-net-worth individuals, families, and asset management services to institutional investors. The U.S. Commercial Banking and Wealth Management segment includes provision of solution and services across the U.S., focusing on middle-market and mid-corporate companies, entrepreneurs, high-net-worth individuals, families, and operating personal and small business banking services in four U.S. markets. Capital Markets and Direct Financial Services segment consists of integrated global markets products and services, investment and corporate banking, and research. The Corporate and Other segment refers to the functional groups such as technology, infrastructure, innovation, risk management, people, culture and brand, finance and enterprise strategy, and other support groups. The company was founded on June 1, 1961 and is headquartered in Toronto, Canada.
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