Every 424B that Canadian Imperial Bank of Commerce (CM) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow CM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CM filings page.
Canadian Imperial Bank of Commerce is offering senior unsecured Trigger Autocallable Contingent Yield Notes linked to the S&P 500 Index, maturing on or about July 19, 2029, in $10 denominations with a minimum investment of $1,000. The notes pay a quarterly contingent coupon at 6.50% per annum (1.625% per quarter, or $0.1625 per Note) only if, on the relevant determination date, the index is at or above the Coupon Barrier of 4,520.26, which is 60.00% of the Initial Level of 7,533.77.
The notes are automatically called on any quarterly observation date beginning July 19, 2027 if the index is at or above the Initial Level, in which case holders receive $10 per Note plus the applicable coupon, with no further payments. If not called and at maturity the index is at or above the Downside Threshold of 4,520.26, investors receive $10 plus the final coupon. If the Final Level is below the Downside Threshold, repayment equals $10 × (1 + Underlying Return), exposing investors to a loss of up to 100% of principal. The notes are unsecured obligations of CIBC, are not insured or bail-inable, will not be listed, and their initial estimated value is between $9.627 and $9.827 per $10, below the $10 price to the public.
Canadian Imperial Bank of Commerce is offering $4,584,000 aggregate principal amount of Capped Leveraged Buffered MSCI EAFE Index-Linked Notes maturing April 7, 2028. Each $1,000 note pays no interest and its maturity value depends on MSCI EAFE Index performance from July 15, 2026 to April 5, 2028.
Upside exposure is 160% of index gains, capped at a maximum payment of $1,252 per note once the index reaches 115.75% of its initial level. Principal is protected only if the index does not fall more than 12.5%; below the 87.5% buffer level, losses increase with a buffer rate of about 114.29%, and investors can lose their entire investment.
The notes are unsecured obligations of CIBC, not insured by any government agency and not listed on an exchange. The bank’s estimated value on the trade date is $990.80 per note, below the $1,000 issue price, and extensive risk factors highlight market, foreign equity, currency, tax, liquidity and issuer credit risks.
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered Basket-Linked Notes due February 4, 2028, linked to a weighted basket of the EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index® (11%) and S&P®/ASX 200 (7%). Each note has a $1,000 principal amount, with $5,212,000 offered in total, and pays no interest.
At maturity, investors receive: up to $1,243.90 per $1,000 if the basket rises, reflecting a 180% upside participation capped once the basket is at least 113.55% of its initial level; full principal back if the basket is down by no more than 15%; and a leveraged loss (buffer rate about 117.65%) if the basket falls more than 15%, potentially losing the entire investment. The bank’s estimated value on the trade date is $993.30 per note, below the $1,000 issue price. The notes are unsecured obligations subject to CIBC credit risk, are not insured, and will not be listed on any securities exchange.
Canadian Imperial Bank of Commerce is issuing Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index® (NDX), due July 15, 2031. Each Note has a $10 principal amount, with a minimum investment of $1,000, and total issuance of $8,113,650. The Notes pay a quarterly contingent coupon of 11.15% per annum (2.7875% per quarter, $0.27875 per $10) when the index on a Coupon Determination Date is at or above the Coupon Barrier of 20,877.58 (70.00% of the Initial Level of 29,825.11).
The Notes are automatically callable quarterly starting January 11, 2027 if NDX is at or above the Initial Level; in that case holders receive $10 plus the applicable coupon and the Notes terminate. If not called, and on the Final Valuation Date NDX is at or above the Downside Threshold (also 70.00% of the Initial Level), holders receive $10 plus the final coupon. If the Final Level is below the Downside Threshold, repayment is $10 × (1 + Underlying Return), producing a loss proportional to the index decline and up to 100% principal loss. Coupons are not guaranteed, the Notes are unsecured and unsubordinated obligations of CIBC, not insured or listed, and the initial estimated value is $9.928 per $10, below the price to public.
Canadian Imperial Bank of Commerce is offering $15,367,880 of Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index®, maturing on July 15, 2031. The notes pay a contingent coupon of 8.50% per annum (2.125% per quarter, or $0.2125 per $10 note) only if the index is at or above a Coupon Barrier set at 70.00% of the Initial Level, which is 29,825.11.
The notes may be automatically called quarterly starting January 11, 2027 if the index is at or above the Initial Level, in which case investors receive $10 per note plus the coupon for that quarter and no further payments. If not called and the Final Level is at or above the 70% Downside Threshold, principal is repaid with the final coupon; if below, repayment equals $10 × (1 + Underlying Return), exposing investors to losses up to 100% of principal.
The notes are senior unsecured obligations of CIBC, are not insured by CDIC or FDIC and are not listed on any exchange. The initial estimated value is $9.70 per $10 note, below the price to public of $10, reflecting selling, structuring and hedging costs and highlighting liquidity and valuation risks.
Canadian Imperial Bank of Commerce is issuing $85,000,000 of Senior Global Medium-Term 5.15% Callable Notes due July 14, 2031. The notes pay interest semi-annually at 5.15% per annum on January 14 and July 14, starting January 14, 2027, with repayment of 100% of principal at maturity if not redeemed earlier.
CIBC may redeem the notes at its option at 100% of principal plus accrued interest on July 14 of 2028, 2029, or 2030. The notes are senior unsecured obligations, not insured by any deposit insurance corporation, will not be listed on any exchange, and are designated as bail-inable debt securities subject to Canadian bank resolution powers, including potential conversion into common shares under the CDIC Act.
Canadian Imperial Bank of Commerce is offering unsecured Digital EURO STOXX 50® Index-Linked Notes under its medium-term note program. Each note has a $1,000 principal amount, pays no interest and matures about 26–29 months after the trade date.
At maturity, if the EURO STOXX 50® Index final level is at least 82.50% of its initial level, investors receive the maximum settlement amount, expected to be between $1,163.40 and $1,192.20 per $1,000 note. If the index falls more than 17.50%, repayment declines with a buffer rate of about 121.21% of the drop beyond that threshold and can fall to zero, resulting in total loss of principal.
The notes will not be listed on any exchange, are subject to the credit risk of CIBC, and include complex tax and structural features. CIBC’s estimated value on the trade date is expected between $970.70 and $990.70 per note, below the $1,000 issue price.
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered MSCI EAFE® Index‑Linked Notes, each with a $1,000 principal amount, linked to the MSCI EAFE Index. The notes run for an expected 20–23 months, pay no interest, and are unsecured obligations subject to CIBC’s credit risk.
At maturity, if the index has risen, holders receive 160% of the index gain up to a maximum settlement amount expected between $1,216.80 and $1,254.88 per note. If the index has fallen by up to 12.5%, principal is returned. Below a buffer level of 87.5% of the initial index level, repayment is reduced using a buffer rate of approximately 114.29%, and investors can lose some or all of their investment.
The bank’s estimated value on the trade date is expected between $970.50 and $990.50 per note, lower than the $1,000 issue price. The notes will not be listed on any securities exchange, may have limited or no secondary market, are not insured by any deposit insurer, and are not bail‑inable debt securities.
Canadian Imperial Bank of Commerce is offering capped leveraged buffered basket-linked notes linked to a five-index basket with a principal amount of $1,000 per note. The notes provide an upside participation rate of 180.00%. The notes include a 15.00% buffer (buffer level 85.00% of initial) and a cap level expected between 112.49% and 114.69%, which caps the maximum settlement amount expected between $1,224.82 and $1,264.42 per $1,000.
Key commercial facts: initial issue price $1,000; issuer-estimated value on trade date expected between $972.40 and $992.40; payments are unsecured and subject to the credit risk of CIBC; notes will not be listed on a U.S. exchange.
Canadian Imperial Bank of Commerce priced a preliminary pricing supplement for Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index due on or about July 15, 2031. The notes pay quarterly contingent coupons (to be set on the Trade Date) expected in the range 8.30%–8.75% per annum and are callable on any quarterly observation beginning January 11, 2027. If not called, principal repayment at maturity depends on the Final Level versus a Downside Threshold equal to 70.00% of the Initial Level; if Final Level is below that threshold, investors can lose some or all principal. Trade Date: July 10, 2026; Settlement Date: July 15, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering Senior Global Medium-Term Notes: Contingent Coupon (with Memory) Barrier Notes linked to the worst performing of ABT, ACN and MMM. The notes have $1,000 principal per note, monthly contingent coupon payments of at least $10.60 per $1,000 (1.06% per period, equivalent to 12.72% per annum, to be set on the Trade Date) payable only if the worst performing reference stock closes at or above a Coupon Barrier Price (50% of Initial Price) on Coupon Determination Dates. At maturity (expected August 1, 2029), if the Final Price of the worst performing reference stock is at or above the Principal Barrier Price (50% of Initial Price), you receive principal plus final contingent coupon; if below, the payment equals principal multiplied by the Percentage Change, exposing investors to loss of some or all principal. The Bank’s initial estimated value is expected between $845.60 and $901.60 per $1,000. Notes are unsecured, unlisted, subject to CIBC credit risk, limited secondary market, and complex tax and dilution considerations.
Canadian Imperial Bank of Commerce is offering US$500,000,000 of 6.750% Fixed Rate Reset Limited Recourse Capital Notes Series 10. The Notes mature January 28, 2087, pay 6.750% until January 28, 2032 and thereafter reset every five years to the U.S. Treasury Rate plus 2.499%, with quarterly interest payments beginning October 28, 2026. The offering is issued with 500,000 Non-Cumulative 5-Year Fixed Rate Reset Class A Preferred Shares Series 65 (US$1,000 face amount each) to be held in a Limited Recourse Trust as corresponding trust assets.
The Notes are subordinated, limited-recourse obligations: upon certain Recourse Events holders’ sole remedy is delivery of their proportionate share of the Corresponding Trust Assets (initially Preferred Shares), including automatic conversion of Preferred Shares into Common Shares upon a Trigger Event. The Notes are not listed and are intended to qualify as Additional Tier 1 capital.
Canadian Imperial Bank of Commerce is offering Market-Linked Step Up Notes: unsecured senior notes whose return is tied to the performance of an equity Market Measure (an Index, an exchange-traded fund, or a Basket). The notes pay no interest and do not guarantee principal; holders may lose some or all principal if the Ending Value is below the Threshold Value. Certain issues may feature a Step Up Payment, a Participation Rate, and an Automatic Call on specified Observation Dates. Each issue’s specific terms (Market Measure, Threshold Value, Step Up Value, Call Level, Call Premium, pricing date, maturity, and Price Multiplier) will be set forth in an applicable term sheet.
Canadian Imperial Bank of Commerce proposes an offering of Limited Recourse Capital Notes Series 10 and related Non-Cumulative 5-Year Fixed Rate Reset Class A Preferred Shares Series 65, subject to completion. The Notes are structured as NVCC Additional Tier 1 instruments with limited recourse to trust assets and an intended maturity in 2087.
The Notes pay a fixed rate until an 2032 initial reset date and thereafter reset every five years to a rate tied to the U.S. Treasury rate plus a fixed spread. Initially, the Corresponding Trust Assets will consist of Preferred Shares with a face amount of US$1,000 per share. Upon certain Recourse Events, including a Trigger Event, holders’ sole remedy is delivery of their proportionate share of the Corresponding Trust Assets, which may convert into Common Shares under NVCC conversion rules. The Notes and Preferred Shares are not intended to be listed.
Canadian Imperial Bank of Commerce is offering senior medium-term notes linked to the Class A common stock of Palantir Technologies Inc. with a face amount of $1,000 per security. The notes are auto-callable quarterly from Jan 2027 and mature on July 25, 2029. They pay quarterly contingent coupons only if the stock closing price meets or exceeds a Coupon Threshold equal to 50% of the Starting Price; the Contingent Coupon Rate will be at least 15.45% per annum. If not called, principal at maturity depends on the Ending Price versus a Downside Threshold equal to 50% of the Starting Price; declines below that threshold can produce losses exceeding 50% of principal.
Estimated value on the Pricing Date is at least $922.20 per security; Original Offering Price is $1,000. Payments depend on the issuer’s credit; securities are unsecured obligations of CIBC. Pricing Date is July 20, 2026; Issue Date is July 23, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering Leveraged Index Return Notes (LIRNs), unsecured senior notes that pay no interest and whose payoff is linked to the performance of one or more equity indices or exchange-traded funds. Each unit is typically denominated at $10. LIRNs can provide leveraged upside via a Participation Rate (generally ≥100%), may be Capped (limiting the Redemption Amount), and may include an automatic call feature on Observation Dates that pays a Call Amount (principal plus a Call Premium). Principal is at risk if the Ending Value falls below a specified Threshold Value (which may be equal to 100% of the Starting Value), and payments are subject to CIBC credit risk. Specific terms (Market Measure, Participation Rate, Threshold Value, Capped Value, Observation Dates, Call Levels, Call Premiums, Maturity Valuation Period, and Price Multiplier) will appear in each issue’s term sheet.
Canadian Imperial Bank of Commerce is offering Autocallable Strategic Accelerated Redemption Securities®, unsecured senior notes whose return is linked to one or more equity securities or ADRs (the "Market Measure"). Each unit typically has a principal amount of $10 and pays no interest. The notes can be automatically called on specified Observation Dates if the Observation Level meets or exceeds the Call Level, in which case holders receive a Call Amount equal to principal plus a Call Premium (a percentage set in the term sheet). If not called, at maturity holders receive principal only if the Ending Value is at or above the Threshold Value; if the Ending Value is below the Threshold Value holders suffer 1-to-1 downside and may lose some or all principal. Payments are subject to CIBC's credit risk, anti-dilution adjustments and a calculation agent's determinations; tax and early-redemption provisions may permit issuer redemption prior to maturity.
The Canadian Imperial Bank of Commerce is offering $17,472,000 of Performance Leveraged Upside Principal at Risk Securities ("PLUS") linked to the S&P 500 Index. Each PLUS has a $1,000 Stated Principal Amount, a Pricing Date: June 30, 2026, an Original Issue Date: July 6, 2026, a Valuation Date: September 30, 2027 and a Maturity Date: October 5, 2027.
Payoff: if the Final Index Value exceeds the Initial Index Value (7,499.36), holders receive $1,000 plus 300.00% times the Index Percent Increase, capped at a $1,157.00 Maximum Payment at Maturity. If the Index declines, investors lose 1.00% of principal for each 1.00% decline, up to a 100.00% loss. The PLUS pay no interest, are unsecured senior debt of CIBC and are subject to CIBC credit risk and various structural and tax risks.
Canadian Imperial Bank of Commerce is offering 5.00% Callable Senior Global Medium-Term Notes due July 17, 2031. The Notes accrue interest at 5.00% per annum, pay interest annually beginning July 17, 2027, and are callable by CIBC on annual interest dates from July 17, 2028 through July 17, 2030.
The Notes are senior, unsecured obligations of CIBC, issued in U.S. dollars in minimum denominations of $1,000, bear Canadian bail-in features under the CDIC Act (permitting conversion into common shares in certain resolution scenarios), will be delivered in book-entry form through DTC and will not be listed on any securities exchange. The underwriting agent may receive up to $12.50 (1.25%) per $1,000 principal amount; proceeds treatment and aggregate principal amount are set in the final pricing supplement.
Canadian Imperial Bank of Commerce is offering market-linked Senior Global Medium‑Term Notes linked to the Russell 2000® Index with a $1,000 face amount per security. The securities pay no periodic interest and provide a Maturity Payment Amount on August 3, 2028 based on the Index performance.
If the Ending Level is above the Starting Level, investors participate at an Upside Participation Rate of 200% subject to a Maximum Return of at least 25.65%. If the Ending Level is at or above a Threshold Level equal to 90% of the Starting Level, the face amount is repaid. If the Ending Level is below the Threshold Level, investors have 1‑for‑1 downside below the 10% Buffer Amount and could lose up to 90.00% of principal. All payments are unsecured obligations of CIBC and subject to CIBC credit risk.
Canadian Imperial Bank of Commerce is offering Senior Global Medium-Term Notes — market-linked, auto-callable securities linked to the Nasdaq-100 Index with a $1,000 face amount per security. If a Call Observation Date’s Closing Level is at or above the Starting Level, the notes will be automatically called for the face amount plus a fixed Call Premium (at least 10.80% first-year equivalent, increasing to at least 43.20% on the Final Calculation Day). If not called, on maturity the Maturity Payment Amount depends on the Ending Level: if the Ending Level is down by no more than 10% you receive the face amount; if it is down by more than 10%, you bear 1-to-1 downside beyond that threshold and may lose up to 90.00% of face amount. All payments are subject to CIBC credit risk. The Bank’s estimated value on the Pricing Date is at least $933.10 per security, below the original offering price.
The Canadian Imperial Bank of Commerce (CIBC) is offering 4,211,909 units of Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500 Index, each with a $10 principal amount, for a total public offering price of $42,119,090. The notes pay no periodic interest, include an underwriting discount of $0.20 per unit and a hedging-related charge of $0.05 per unit, and have an initial estimated value on the pricing date of $9.696 per unit. The notes are automatically callable if the S&P 500 closing level on any Observation Date is at or above the Starting Value (7,357.49); specified Call Amounts range from $10.742 to $14.452 per unit. If not called and the Ending Value is below the Threshold Value (6,253.87), holders face 1-to-1 downside beyond a 15.00% decline, risking up to 85.00% of principal. Payments are subject to CIBC credit risk and there is limited secondary market liquidity.
The Canadian Imperial Bank of Commerce is offering 1,724,235 Accelerated Return Notes linked to the VanEck® Semiconductor ETF at a $10 principal amount per unit, with a public offering price of $10.00 per unit and total proceeds of $17,242,350. The notes pay no periodic interest, mature on August 27, 2027 (approximately 14 months), and provide 3-to-1 participation in increases of the Underlying Fund up to a Capped Value of $15.07 (a 50.70% capped return). If the Underlying Fund declines, you have 1-to-1 downside exposure and may lose up to your principal. The initial estimated value on the pricing date was $9.456 per unit; the public offering price exceeds that estimate due to underwriting, hedging-related charges and CIBC’s internal funding rate. Payments at maturity are subject to CIBC credit risk and the notes have limited secondary-market liquidity.
The Canadian Imperial Bank of Commerce (CIBC) is issuing 2,593,794 units of Autocallable Strategic Accelerated Redemption Securities®, each with a $10.00 principal amount, for a total public offering of $25,937,940.00. Pricing date was June 25, 2026, settlement July 2, 2026, and stated maturity June 28, 2029. The notes pay no periodic interest, include an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit, and had an initial estimated value of $9.644 per unit on the pricing date. The notes are automatically called if the international equity index Basket’s Observation Level is at or above the Starting Value on any Observation Date; Call Amounts are $11.18, $12.36, and $13.54 on the first, second and final Observation Dates, respectively. If not called, holders have 1-to-1 downside exposure to the Basket and may lose up to 100.00% of principal; all payments are subject to CIBC credit risk. The Basket comprises six indices with disclosed initial component weights, including EURO STOXX 50 at 40.00% and others at lower weights.
Canadian Imperial Bank of Commerce (CIBC) is offering 2,194,628 units of Accelerated Return Notes® linked to an approximately equally weighted basket of The Goldman Sachs Group, Inc., JPMorgan Chase & Co., and Morgan Stanley. The notes have a $10 principal amount per unit, a Participation Rate of 300%, a Capped Value of $12.85 per unit (a 28.50% capped return), and mature on August 27, 2027. The public offering price is $10.00 per unit ($21,946,280.00 aggregate); the initial estimated value on the pricing date was $9.638 per unit. Payments depend on the Basket's Ending Value at the scheduled calculation day (August 20, 2027), and holders bear full issuer credit risk of CIBC, limited secondary market liquidity, and no dividend or voting rights in the Basket Stocks.
Canadian Imperial Bank of Commerce (CIBC) is offering Buffered PLUS notes linked to the S&P 500® Index due February 5, 2029. Each Buffered PLUS has a $1,000 stated principal amount, a 200.00% leverage factor, a 10.00% buffer, a minimum payment at maturity of $100.00 (10.00%) and a maximum payment at maturity of at least $1,238.80 (123.88%). The Pricing Date is July 17, 2026 and Original Issue Date is July 22, 2026; the Valuation Date is January 31, 2029. Payments depend on the Closing Level of the S&P 500 on the Valuation Date and are subject to CIBC's credit risk, no interest is paid and these securities are not listed.
Canadian Imperial Bank of Commerce (CIBC) is offering $852,000 aggregate principal amount of 4.60% Callable Senior Global Medium-Term Notes due June 15, 2029. The Notes pay interest annually on June 30 beginning June 30, 2027, accrue at 4.60% per annum, and will be issued at $1,000.00 per Note with proceeds to CIBC of $994.00 per Note. The issuer may redeem the Notes in whole (but not in part) on each Interest Payment Date beginning June 30, 2027; the Redemption Price is 100% of principal plus accrued interest. The Notes are senior unsecured obligations, not insured deposits, will not be listed, will be delivered in book-entry form through DTC on June 30, 2026, and are subject to Canadian bail-in powers under subsection 39.2(2.3) of the CDIC Act.
Canadian Imperial Bank of Commerce is offering $455,000 aggregate principal amount of 5.00% Callable Senior Global Medium-Term Notes due June 15, 2032. Interest accrues at 5.00% per annum, payable annually on June 30 beginning June 30, 2027. The Bank may redeem the Notes in whole (but not in part) on each June 30 interest payment date from June 30, 2027 through June 30, 2031 at a redemption price equal to 100% of principal plus accrued interest. The Notes are senior unsecured, not listed, not deposit-insured, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under specified resolution powers. The Notes will be issued in minimum denominations of $1,000 and delivered in book-entry form through DTC on June 30, 2026.
Canadian Imperial Bank of Commerce priced $7,000,000 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the SPY and IWN. Trade Date: June 26, 2026; Settlement Date: June 30, 2026; Maturity Date: June 30, 2031.
The Notes pay a 7.49% per annum Contingent Coupon ($0.18725 per quarter) only if both Underlyings meet 70% Coupon Barriers on each Coupon Determination Date. Initial Prices: SPY $728.99, IWN $221.43. Coupon Barrier = 70.00% of Initial Price; Downside Threshold = 60.00%. Notes are automatically callable on quarterly Call Observation Dates beginning December 28, 2026. If the Least Performing Underlying finishes below its Downside Threshold at maturity, principal is reduced proportionately and investors may lose up to 100% of principal. Price to public: $10.00 per Note; issuer proceeds: $9,775,000.00; bank’s initial estimated value: $9.464 per $10.00 Note.
Canadian Imperial Bank of Commerce is offering Trigger PLUS notes linked to the TOPIX® Index due August 5, 2030. Each Trigger PLUS has a $1,000 stated principal amount and will pay no interest. If the Final Index Value exceeds the Initial Index Value, holders receive $1,000 plus a Leveraged Upside Payment equal to $1,000 × Leverage Factor × Index Percent Increase (Leverage Factor at least 153.09%). If the Final Index Value is ≤ Initial but ≥ the Trigger Level (90.00% of the Initial Index Value), investors receive the $1,000 principal. If the Final Index Value is below the Trigger Level, the Payment at Maturity equals $1,000 × (Final Index Value/Initial Index Value), producing principal losses pro rata; there is no minimum payment and investors may lose their entire investment. Pricing date is July 17, 2026 with an Original Issue Date of July 23, 2026. The Bank’s initial estimated value is between $932.50 and $952.50 per Trigger PLUS, while the price to public is $1,000.00, reflecting selling and structuring costs. Payments are unsecured and subject to the Bank’s credit risk.
Canadian Imperial Bank of Commerce is offering $1,000,000 aggregate principal of 5.00% Senior Global Medium-Term Callable Notes due June 30, 2031. Interest accrues at 5.00% per annum, paid semi-annually beginning December 30, 2026. The Notes are senior unsecured, issued in minimum denominations of $1,000, and are redeemable in whole, annually, on June 30 beginning June 30, 2028 through June 30, 2030 at a redemption price equal to principal plus accrued interest. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and are subject to conversion into common shares under Canadian bank resolution powers. The Notes will be delivered in book-entry form through DTC on June 30, 2026. The original issue price is $1,000.00 per Note with an underwriting discount of $5.00, leaving proceeds to CIBC of $995.00 per Note.
Canadian Imperial Bank of Commerce is offering $350,000,000 aggregate principal amount of Floating Rate Notes linked to the Compounded SOFR due June 26, 2028. The Notes pay interest quarterly at Compounded SOFR plus 0.66% per annum, subject to a minimum rate of 0.66%, with interest payable March 26, June 26, September 26 and December 26 and an Original Issue Date of June 26, 2026.
The Notes are senior, unsecured obligations of CIBC, will be issued in minimum denominations of $1,000, will not be listed on any exchange and are subject to CIBC credit risk. The Notes are bail-inable debt securities and may be converted, in whole or in part, into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act; holders are deemed to consent to those conversion provisions.
Canadian Imperial Bank of Commerce (CIBC) has offered Floating Rate Notes linked to Compounded SOFR due June 26, 2028. The notes pay quarterly interest equal to Compounded SOFR plus 0.66% per annum, subject to a minimum rate of 0.66%. Denominations are in $1,000 increments and the notes are senior, unsecured and not listed. The offering is subject to Canadian bail-in powers under the CDIC Act and may be converted into common shares under that regime. Interest payment dates are quarterly on March 26, June 26, September 26 and December 26, commencing September 26, 2026. The Calculation Agent is CIBC, and the issuer and certain affiliates may hedge and profit from related hedging activities.
Canadian Imperial Bank of Commerce (CIBC) is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the SPDR S&P 500 ETF (SPY) and the iShares Russell 2000 Value ETF (IWN).
The notes have a 5‑year term (Trade Date June 26, 2026; Settlement Date June 30, 2026; Maturity Date June 30, 2031), pay a quarterly contingent coupon to be set on the Trade Date (range 7.00%–7.49% per annum indicated), and are automatically callable on quarterly observation dates beginning December 28, 2026 if each Underlying is at or above its Initial Price. Principal repayment at maturity is contingent: Coupon Barrier = 70.00% of Initial Price; Downside Threshold = 60.00% of Initial Price. Notes are issued in $10 per Note denominations (minimum investment $1,000) and are senior unsecured obligations of CIBC; payments depend on CIBC creditworthiness.
Canadian Imperial Bank of Commerce prices structured Market Linked Securities linked to Broadcom Inc. common stock. This pricing supplement describes senior global medium-term notes—auto-callable with a contingent coupon (with memory) and contingent downside principal at risk—offered at $1,000 per security. The securities pay a quarterly Contingent Coupon at a 15.76% per annum rate only if the Underlying Stock’s closing price on each Coupon Determination Date is at or above the Coupon Threshold Price ($235.74, which is 60.00% of the Starting Price). If any Call Observation Date shows the Stock Closing Price at or above the Starting Price ($392.90 on the Pricing Date), the notes will be automatically called and pay the face amount plus any due contingent coupons. If not called, at maturity the Maturity Payment Amount is $1,000 if the Ending Price is at or above the Downside Threshold Price ($235.74); if the Ending Price is below that threshold you will suffer a principal loss proportionate to the stock decline (losses greater than 40.00% are possible). All payments are subject to CIBC credit risk; the issuer’s internal estimated value per security on the Pricing Date was $964.30, below the offering price.
Canadian Imperial Bank of Commerce (CIBC) is offering 5.00% Callable Senior Global Medium-Term Notes due June 15, 2032. The Notes pay interest annually at a 5.00% coupon commencing June 30, 2027, are senior unsecured, issued in minimum denominations of $1,000, and may be redeemed annually on Interest Payment Dates beginning June 30, 2027 and ending June 30, 2031. The Notes are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act and may be converted into common shares of the Bank in certain resolution circumstances. The offering price per Note is $1,000.00 with an underwriting commission of up to $11.00, producing proceeds to CIBC of at least $989.00 per Note. Delivery is expected in book-entry form through DTC on or about June 30, 2026.
Canadian Imperial Bank of Commerce (CIBC) is offering 4.60% Callable Senior Global Medium-Term Notes due June 15, 2029. The Notes pay interest annually on June 30 beginning June 30, 2027, accrue at 4.60% per annum, and are callable by CIBC on June 30, 2027 and June 30, 2028 at 100% of principal plus accrued interest.
The Notes are senior unsecured obligations, issued in minimum denominations of $1,000, will be delivered in book-entry form through DTC and are subject to Canadian bail-in powers under the CDIC Act, meaning they may be converted into common shares in certain resolution scenarios.
Canadian Imperial Bank of Commerce is offering 5.00% Callable Senior Global Medium-Term Notes due June 30, 2031. The Notes accrue interest at 5.00% per annum, payable semi‑annually on June 30 and December 30, commencing December 30, 2026.
The Notes are senior unsecured obligations, issued in minimum denominations of $1,000, callable annually on the Interest Payment Date beginning June 30, 2028 through June 30, 2030 at a redemption price equal to 100% of principal plus accrued interest. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares of the Bank under Canadian bank resolution powers.
Canadian Imperial Bank of Commerce is offering Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index with expected term of approximately three years. The Notes pay a quarterly Contingent Coupon (expected 10.75%–11.25% per annum) only if the Underlying meets a Coupon Barrier; they are automatically callable beginning December 14, 2026. At maturity, if not called, principal is repaid in cash only if the Final Level is at or above the Downside Threshold (set at 70.00% of the Initial Level); otherwise investors bear a loss proportionate to the Underlying’s decline. Payments depend on CIBC’s creditworthiness and the Notes are unsecured, not exchange listed, and intended for investors who accept potential loss of principal.
Canadian Imperial Bank of Commerce (CIBC) is offering Trigger Autocallable Contingent Yield Notes linked to the Nasdaq-100 Index (NDX). The Notes are senior unsecured obligations with a term of approximately three years and a principal amount of $10 per Note (minimum investment $1,000).
The Notes pay a quarterly Contingent Coupon expected to be 8.75%–9.25% per annum (set on the Trade Date) only if the Closing Level of the Underlying meets or exceeds the Coupon Barrier. The Notes are automatically callable on quarterly Call Observation Dates beginning December 14, 2026. If not called, repayment at maturity depends on the Final Level relative to the Downside Threshold (70.00% of the Initial Level), and holders may lose some or all principal. All payments are subject to CIBC’s creditworthiness.
Canadian Imperial Bank of Commerce launches a market-linked, senior medium-term note product linked to Micron Technology common stock due June 21, 2028. Each security has a face amount of $1,000, a contingent monthly coupon (memory feature) and an automatic-call feature from September 2026 through May 2028.
Coupon payments occur only if the Underlying Stock's closing price on each Coupon Determination Date is at least 50.00% of the Starting Price; the Contingent Coupon Rate will be set on the Pricing Date at not less than 34.32% per annum. If not called, principal at maturity depends on the Ending Price versus a Downside Threshold equal to 50.00% of the Starting Price; declines below that threshold can cause losses exceeding 50.00%.
Canadian Imperial Bank of Commerce priced a dual US$2.0 billion offering of senior unsecured notes: US$1,000,000,000 4.723% fixed-to-floating notes due June 16, 2029 and US$1,000,000,000 5.051% fixed-to-floating notes due June 16, 2032.
The notes pay fixed interest from June 16, 2026 until their respective Interest Reset Dates, then convert to quarterly Compounded SOFR-based floating rates plus margins of 0.670% (2029 Notes) and 1.010% (2032 Notes). Net proceeds of approximately US$1,994 million will be used for general corporate purposes. The notes are unsecured, unsubordinated and are subject to Canadian bail-in powers under the CDIC Act.
Canadian Imperial Bank of Commerce is offering 4.60% Callable Notes due June 5, 2029 with annual interest payable each June 18 beginning June 18, 2027. The Notes are senior, unsecured, denominated in U.S. dollars, issued in minimum denominations of $1,000 and are callable annually on June 18 beginning in 2027.
The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted, in whole or in part, into common shares of the Bank under Canadian bank resolution powers. Payments are subject to CIBC credit risk; the Notes will not be listed on any exchange.
Canadian Imperial Bank of Commerce (CIBC) is offering 4.45% Callable Notes due June 5, 2028. The Notes accrue interest at 4.45% per annum, with annual interest payments each June 18 beginning June 18, 2027.
The Notes are senior, unsecured obligations, issued in U.S. dollars in minimum denominations of $1,000. CIBC may redeem the Notes in whole (but not in part) on the Optional Redemption Date of June 18, 2027 at 100% of principal plus accrued interest. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares of CIBC or an affiliate under Canadian bank resolution powers.
Canadian Imperial Bank of Commerce filed a Preliminary Prospectus Supplement dated June 8, 2026 to offer U.S. dollar‑denominated senior notes comprising a series of Floating Rate Notes and two series of Fixed‑to‑Floating Rate Notes. The Notes are unsecured, unsubordinated and bail‑inable under the Canada Deposit Insurance Corporation Act and will be issued in denominations of US$2,000. Interest on the floating legs is tied to Compounded SOFR; fixed rates, margins, aggregate offering amounts and maturity dates are set out in the supplement where indicated. Net proceeds will be added to the Bank’s funds and used for general corporate purposes. The prospectus supplement and accompanying prospectus highlight risks including SOFR benchmark risk, limited secondary market and the potential for CDIC‑led bail‑in conversion.
Canadian Imperial Bank of Commerce (CIBC) is offering Contingent Income Auto-Callable Securities linked to the common stock of Keurig Dr Pepper Inc. (KDP). Each security has a Stated Principal Amount of $1,000, a Pricing Date of June 12, 2026, Original Issue Date June 17, 2026 and a Maturity Date of June 15, 2029. The notes may pay a Contingent Quarterly Coupon at an annual rate of at least 10.10% (corresponding to at least $25.25 per quarter) only when the Determination Closing Price is >= 75.00% of the Initial Share Price (the Downside Threshold). The securities are auto-callable if, on any of the first eleven Determination Dates, the Determination Closing Price is >= the Initial Share Price; early redemption returns principal plus the applicable coupon. If not redeemed and the Final Share Price is below the Downside Threshold, investors suffer a 1:1 loss in share performance and could lose most or all principal. The Bank’s initial estimated value on the Pricing Date is stated between $941.40 and $961.40 per security and the price to public is $1,000 (commissions and fees are embedded in the issue price). Payments are subject to CIBC credit risk and the securities do not convey ownership of KDP stock.
Canadian Imperial Bank of Commerce (CIBC) is offering senior, market-linked notes—auto-callable securities linked to the common stock of Oracle Corporation with contingent quarterly coupons and a contingent downside principal feature. Each security has a face amount of $1,000, an original offering price of $1,000, an expected estimated value of at least $920, an issue date of June 22, 2026 and a stated maturity of June 22, 2029.
The securities pay contingent quarterly coupons (with a memory feature) only if the Underlying Stock’s closing price on Coupon Determination Dates is >= the Coupon Threshold (set at 50% of the Starting Price). The Contingent Coupon Rate will be determined on the Pricing Date and will be at least 15.80% per annum. The securities are automatically called if the Underlying Stock closes at or above the Starting Price on a Call Observation Date. If not called, principal repayment at maturity depends on the Ending Price relative to the Downside Threshold (50% of the Starting Price), exposing holders to losses exceeding 50%, possibly total loss. All payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce (CIBC) is offering U.S. dollar denominated Senior Global Medium‑Term Notes that pay interest at 4.50% per annum and mature on June 16, 2028. Interest is payable semi‑annually on June 16 and December 16, beginning December 16, 2026. The Notes are callable in whole on June 16, 2027 at 100% of principal plus accrued interest. Notes are senior, unsecured obligations issued in minimum denominations of $1,000, will be delivered in book‑entry form through DTC on or about June 16, 2026, and will not be listed on any exchange. The Notes are bail‑inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares of CIBC or an affiliate under the Canadian bank resolution regime.
Canadian Imperial Bank of Commerce (CIBC) is offering Autocallable Strategic Accelerated Redemption Securities® linked to one or more equity indices or exchange-traded funds. These are unsecured senior notes that do not pay interest and may not return principal at maturity. Each unit, unless otherwise specified in the term sheet, has a principal amount of $10. The notes will be automatically called if the Market Measure meets or exceeds a specified Call Level on an Observation Date, producing a Call Amount equal to principal plus a Call Premium. If not called, payment at maturity depends on the Ending Value relative to a Threshold Value; if the Ending Value is below the Threshold Value you face 1-to-1 downside exposure and could lose some or all principal. The product supplement explains calculation agent discretion, Market Disruption Events, anti-dilution adjustments for Underlying Funds, tax redemption mechanics, and material risks including issuer credit risk and potential illiquidity.
Canadian Imperial Bank of Commerce describes a public offering program of Accelerated Return Notes ("ARNs"), senior unsecured notes that return a multiple of positive performance of an equity Market Measure up to a capped amount and expose holders to 1-to-1 downside on negative performance.
The product supplement explains that ARNs pay no interest, are unsecured obligations of the issuer, will generally have a $10 principal per unit unless the term sheet states otherwise, and that specific offering terms (Market Measure, Capped Value, Participation Rate, Price Multiplier, Maturity Valuation Period) will be set in each term sheet.