Canadian Imperial Bank of Commerce to Redeem $38.05 Million in Floating Rate Debentures-February 2024-www.financetom.com

Canadian Imperial Bank of Commerce to Redeem $38.05 Million in Floating Rate Debentures

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Canadian Imperial Bank of Commerce to Redeem $38.05 Million in Floating Rate Debentures

Dec 18, 2024 6:27 AM

09:09 AM EST, 12/18/2024 (MT Newswires) -- Canadian Imperial Bank of Commerce ( CM ) said Wednesday it plans to redeem the full $38.05 million outstanding principal of its floating rate debentures due 2084 on Jan. 31.

The redemption amount totals $39.18 million, including principal and accrued interest, the bank said.

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