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Prospect News home > News index > List of issuers Tenders > Headlines for 2014 > News item
Published on 3/4/2014 in the Prospect News Canadian Bonds Daily and Prospect News Liability Management Daily.

CIBC calls all series 35 noncumulative rate reset class A preferreds

By Tali Rackner

Norfolk, Va., March 4 - CIBC plans to redeem all of its series 35 noncumulative rate reset class A preferred shares for cash, according to a press release.

The preferreds will be redeemed at C$25 per share plus a $0.40625 per share quarterly dividend on April 30.

CIBC is a Toronto-based financial services company.


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