CIBC Preps Up to C$1 Billion Limited Recourse Capital Note Sale

Canadian Imperial Bank of Commerce is readying a sale of as much as C$1 billion ($710 million) of additional tier-one bonds, according to people familiar with the matter.

Canadian Imperial Bank of Commerce is readying a sale of as much as C$1 billion ($710 million) of additional tier-one bonds, according to people familiar with the matter.