Canadian Imperial Bank of Commerce (CIBC) is offering 813,955 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000 Index, at a $10.00 principal amount per unit, aggregating $8,139,550.00 in the public offering. The notes pay no periodic interest, are unsecured senior debt and are subject to CIBC's credit risk.
The notes may be automatically called on any Observation Date if the Index closing level is at or above the Starting Value (call dates occur approximately one to five years after the March 12, 2026 pricing date). Call Amounts per unit range from $11.172 (first Observation Date) up to $15.860 (final Observation Date). If not called, holders face 1-to-1 downside exposure to the Index and may lose up to 100% of principal. The initial estimated value on the pricing date was $9.679 per unit; the public offering price is $10.00, reflecting an underwriting discount of $0.20 and a hedging-related charge of $0.05 per unit. Secondary market liquidity will likely be limited.
Canadian Imperial Bank of Commerce (CIBC) is offering 2,884,633 units of Autocallable Strategic Accelerated Redemption Securities® linked to an equally weighted basket of GS, MS and JPM with a $10 principal amount per unit (total public offering price $28,846,330.00). The notes mature on April 2, 2029 unless automatically called on observation dates. If called, per‑unit Call Amounts are $11.866, $13.732 or $15.598 on the first, second or final Observation Date respectively. If not called, holders bear 1:1 downside to the Basket (up to 100% of principal at risk) and all payments are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce (CIBC) is offering Digital Basket-Linked Notes with a $1,000 principal amount per note that pay no interest and whose maturity payoff is linked to a weighted basket of five equity indices. The basket weights are: EURO STOXX 50 40%, TOPIX 25%, FTSE 100 17%, SMI 11% and S&P/ASX 200 7%. The notes use an initial basket level of 100 and a buffer level of 90% (a 10.00% buffer). If the final basket level is at or above the initial level, holders receive the greater of the threshold settlement amount (expected between $1,175.70 and $1,206.70 per $1,000) or participation in positive basket return; if the final basket level is below the buffer level, holders suffer a proportional loss and may lose the entire investment.
The notes are unsecured obligations of CIBC, not listed on a U.S. exchange, subject to CIBC credit risk, expected to settle roughly 24–27 months after the trade date, and CIBC’s estimated value at issuance is expected between $973.90 and $993.90 per note (below issue price).
Canadian Imperial Bank of Commerce is offering Capped Leveraged Buffered S&P 500® Index‑Linked Notes with a principal amount of $1,000 per note and a term with a determination date expected between 25 and 28 months after the trade date. The notes pay no interest and maturity payment is linked to the S&P 500® Index performance.
Key economics: an upside participation rate of 170.00%, a buffer of 15.00% (buffer level = 85.00% of initial level), a cap level expected between 113.21% and 115.53%, and a maximum settlement amount expected between $1,224.57 and $1,264.01 per note. The Bank’s estimated value at pricing is expected between $974.20 and $994.20 per note. Payments are unsecured obligations of CIBC and subject to its credit risk.
Canadian Imperial Bank of Commerce priced Trigger Autocallable Contingent Yield Notes totaling $28,884,570 linked to the least performing of the S&P 500® and the EURO STOXX 50®, maturing on March 11, 2031. The notes pay a quarterly contingent coupon of 8.15% per annum (2.0375% per quarter) only if each underlying is at or above its coupon barrier on coupon determination dates.
The notes are automatically callable beginning September 8, 2026 if each underlying is at or above its initial level; minimum purchase is $1,000 and principal repayment at maturity is contingent on the least performing underlying relative to its 70% coupon barrier and 60% downside threshold. Initial estimated value was $9.646 per $10; price to public $10.00.
Canadian Imperial Bank of Commerce priced $10,857,300 of Trigger Autocallable Contingent Yield Notes linked to the least performing of the S&P 500® and the EURO STOXX 50®. Trade Date was March 6, 2026 and Settlement Date is March 11, 2026, with Maturity on March 11, 2031. The Notes pay a quarterly contingent coupon of 10.15% per annum (2.5375% per quarter) only if both Underlyings meet their 70% coupon barriers on each Coupon Determination Date, are automatically callable quarterly beginning September 8, 2026 if each Underlying is at or above its Initial Level, and expose investors to principal loss down to 100% if the Least Performing Underlying falls below its 60% downside threshold.
Canadian Imperial Bank of Commerce (CIBC) is offering $1,578,000 in aggregate principal amount of Digital S&P 500® Index-Linked Notes due December 15, 2027, with a trade date of March 5, 2026 and original issue (settlement) date of March 10, 2026.
Each $1,000 note pays a cash settlement at maturity tied to the S&P 500® Index performance from an initial level of 6,830.71 to the determination date (December 13, 2027); payments are capped at $1,156.00 per note if the final level is ≥87.50% of the initial level and can result in a complete loss if the final level falls sufficiently below the threshold.
Canadian Imperial Bank of Commerce is offering senior global medium-term notes: 5.40% Callable Notes with a 0.10% bonus coupon linked to Compounded SOFR, expected to mature March 20, 2046. Interest is paid annually beginning March 20, 2027; the issuer may redeem the notes annually from March 20, 2031 through March 20, 2045.
The notes are senior unsecured obligations, issued in minimum $1,000 denominations, not listed on any exchange, and subject to CIBC credit risk and withholding taxes where applicable. Compounded SOFR will determine whether a 0.10% bonus applies for the initial interest period ending March 19, 2027.
Canadian Imperial Bank of Commerce offers 4.00% callable senior notes due March 23, 2028. The Notes pay annual interest at a 4.00% per annum rate, are callable in whole on March 23, 2027 at par, and mature on March 23, 2028. The Notes are senior, unsecured obligations and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under the Canadian bank resolution regime. Interest payments are annual on each March 23, commencing March 23, 2027. The pricing supplement omits the aggregate principal amount being offered and states delivery is expected on March 23, 2026.
Canadian Imperial Bank of Commerce filed a Form F-3 registration to offer Senior Debt Securities up to an aggregate initial offering price of $20,000,000,000. The securities may be sold "at such time or times on or after the effective date" and specific terms, pricing and distribution methods will be provided in prospectus supplements. The prospectus describes special bail-in provisions under the CDIC Act, including possible conversion of eligible debt into common shares, and states these securities are not CDIC- or FDIC-insured.