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CIBC calls all C$1.5 billion 3.45% debentures due 2028
By Marisa Wong
Los Angeles, Feb. 27 – Canadian Imperial Bank of Commerce announced it will redeem all C$1.5 billion of its 3.45% debentures due April 4, 2028.
The debentures will be redeemed on April 4 at par plus accrued interest to but excluding the redemption date, according to a press release.
The financial services company is based in Toronto.
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