Canadian Imperial Bank of Commerce (CIBC) is offering 1,165,757 units of Autocallable Strategic Accelerated Redemption Securities linked to the Russell 2000 Index at $10 per unit. The notes may be automatically called if the Index on any annual Observation Date is at or above the Starting Value of 2,468.848, paying per unit: $10.845 (year 1), $11.690 (year 2), $12.535 (year 3), $13.380 (year 4), or $14.225 (final Observation Date).
If not called and the Index ends at or above the Threshold Value of 2,098.521 (85% of Starting Value), principal is returned. Otherwise, investors have 1‑to‑1 downside exposure beyond a 15% decline, with up to 85% of principal at risk. The notes pay no periodic interest and are senior unsecured obligations subject to CIBC’s credit risk, with limited secondary market liquidity and no exchange listing.
The initial estimated value is $9.605 per unit, below the public offering price, reflecting CIBC’s internal funding rate, a $0.20 per-unit underwriting discount, and a $0.05 hedging-related charge. Gross proceeds total $11,657,570 (before expenses). Key dates: pricing October 9, 2025, settlement October 17, 2025, maturity October 25, 2030. BofA Securities is calculation agent.
Canadian Imperial Bank of Commerce (CIBC) filed a 424B2 preliminary pricing supplement for Capped Leveraged Buffered Basket‑Linked Notes. These unsecured notes pay no interest and return at maturity depends on a weighted basket: EURO STOXX 50 (38%), TOPIX (26%), FTSE 100 (17%), Swiss Market Index (11%) and S&P/ASX 200 (8%).
The payoff features 220.00% upside participation to a cap, with a 15.00% buffer against declines. The maximum settlement amount is expected to be $1,255.20–$1,300.08 per $1,000 note, and principal is returned if the basket decline is up to 15%; below that, losses apply at a buffer rate of approximately 117.65%. The initial basket level is 100, and maturity is expected 24–27 months after the trade date.
CIBC’s estimated value is expected between $971.90 and $991.90 per $1,000, below the issue price. The table shows a price to public of 100.00% and agent’s commission of 0.00%. The notes will not be listed and are subject to CIBC credit risk.
Canadian Imperial Bank of Commerce (CM) filed a Form 6-K reporting transaction‑level exhibits related to a securities offering. The report includes an Underwriting Agreement dated September 2, 2025 naming CIBC World Markets Corp., BofA Securities, Inc., Citigroup Global Markets Inc., BNP Paribas Securities Corp., Goldman Sachs & Co. LLC and UBS Securities LLC as underwriters. The filing also attaches legal opinions and consents from Blake, Cassels & Graydon LLP and Willkie Farr & Gallagher LLP concerning the validity of the securities and their consent to be named.
The report is signed by Wojtek Niebrzydowski, Vice‑President, Global Term Funding, Treasury, and bears a filing date of September 8, 2025. The documents indicate a formal securities issuance process with standard underwriting and counsel consents in place.
Canadian Imperial Bank of Commerce filed a Form 6-K as a foreign private issuer. The filing notes a news release dated September 8, 2025 announcing that CIBC received Toronto Stock Exchange approval for a Normal Course Issuer Bid.
The report is signed by Senior Vice-President Allison Mudge, confirming the bank’s authorization of this disclosure to the market.
Canadian Imperial Bank of Commerce filed a report noting a governance change. The bank announced that Marianne Harrison has been appointed to CIBC’s Board of Directors, as referenced in a news release dated September 2, 2025.
The report is signed on behalf of CIBC by Senior Vice-President Allison Mudge, confirming the board-related disclosure.
Canadian Imperial Bank of Commerce filed a Form 6-K as a foreign private issuer and attached a news release as an exhibit. The news release states that CIBC announces its intention to repurchase up to 20 million common shares. The filing also notes that the information is incorporated by reference into several existing Form S-8 and Form F-3 registration statements.
Canadian Imperial Bank of Commerce (CM) reported selected interim disclosures showing interest income of $11.0 billion for the quarter ended July 31, 2025 (prior quarter $10.7 billion; year-ago quarter $12.4 billion) and $33.3 billion for the nine months ended July 31, 2025 (year-ago nine months $36.3 billion), measured using the effective interest rate method. The filing notes investment gains of $10 million in the quarter and $27 million for the nine months related to equity-accounted associates and joint ventures. It discloses $550 million of restricted cash, customers' acceptances liabilities of $8 million, and that prior period amounts were revised to conform to Q1 2025 presentation. No sales of securities measured at amortized cost occurred during the quarter. Portions of the MD&A and interim consolidated financial statements are incorporated by reference into specified Form S-8 and Form F-3 registration statements.