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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 12/10/2020 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

CIBC to fully redeem C$1 billion 3.42% debentures due 2026

By Taylor Fox

New York, Dec. 10 – CIBC plans to redeem all C$1 billion of its 3.42% debentures due Jan. 26, 2026, according to a news release.

The debentures will be redeemed at par together with interest on Jan. 26.

The redemption will be financed out of general corporate funds.

CIBC is a Toronto-based diversified financial institution.


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