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Canadian Imperial Bank of Commerce to Redeem $730.8 Million in Debentures
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Canadian Imperial Bank of Commerce to Redeem $730.8 Million in Debentures
Jun 6, 2025 7:31 AM

10:03 AM EDT, 06/06/2025 (MT Newswires) -- Canadian Imperial Bank of Commerce ( CM ) said Friday that it plans to redeem all 1 billion Canadian dollars ($730.8 million) of its 2.01% debentures due 2030.

The debentures will be redeemed at 100% of their principal amount as of July 21, 2025, plus any accrued and unpaid interest, the company said.

The redemption will be paid by general corporate funds, the company said.

Price: 69.02, Change: +0.30, Percent Change: +0.44

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