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Published on 9/25/2017 in the Prospect News Structured Products Daily.

CIBC corrects Cusips for Raymond James Healthcare Top Selections notes

By Marisa Wong

Morgantown, W.Va., Sept. 25 – Canadian Imperial Bank of Commerce amended the Cusip numbers for two issues of Raymond James Healthcare Top Selections notes due July 31, 2018 issued on July 28, according to 424B2s filed Friday with the Securities and Exchange Commission.

The Cusip number for the $443,000 of 0% notes linked to Raymond James Healthcare Top Selections due July 31, 2018 is 136069VE8, revised from 13605WDY4.

The Cusip for the $4,818,000 of 0% notes linked to Raymond James Healthcare Top Selections due July 31, 2018 is 136069VD0, revised from 13605WDX6.

The notes are linked to a basket of 14 common equity securities of entities in the healthcare industry selected by Raymond James & Associates, Inc. The reference shares are Acadia Healthcare Co., Inc., Allergan plc, Becton, Dickinson and Co., Celgene Corp., Envision Healthcare Corp., ICU Medical, Inc., INC Research Holdings, Inc., Laboratory Corp. of America Holdings, Mallinckrodt plc, Premier, Inc., Sage Therapeutics, Inc., Steris plc, TG Therapeutics, Inc. and UnitedHealth Group Inc. Each reference stock has a 7 1/7% weight.

CIBC World Markets Corp. is the agent.

Issuer:Canadian Imperial Bank of Commerce
Issue:Notes linked to Raymond James Healthcare Top Selections
Underlying basket:Acadia Healthcare Co., Inc. (Symbol: ACHC), Allergan plc (Symbol: AGN), Becton, Dickinson and Co. (Symbol: BDX), Celgene Corp. (Symbol: CELG), Envision Healthcare Corp. (Symbol: EVHC), ICU Medical, Inc. (Symbol: ICUI), INC Research Holdings, Inc. (Symbol: INCR), Laboratory Corp. of America Holdings (Symbol: LH), Mallinckrodt plc (Symbol: MNK), Premier, Inc. (Symbol: PINC), Sage Therapeutics, Inc. (Symbol: SAGE), Steris plc (Symbol: STE), TG Therapeutics, Inc. (Symbol: TGTX) and UnitedHealth Group Inc. (Symbol: UNH); equally weighted
Amount:$443,000
Maturity:July 31, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par times 99.05% times the basket level percentage, which is sum of weighted reference share performances
Initial price:For each stock, average of stock’s average intraday prices on each of July 21, July 24 and July 25
Final price:For each stock, sum of (a) average of closing prices on July, 24, 2018, July 25, 2018 and July 26, 2018 and (b) dividend amount for that stock
Pricing date:July 21
Settlement date:July 28
Agent:CIBC World Markets Corp.
Fees:None
Cusip:136069VE8
Issuer:Canadian Imperial Bank of Commerce
Issue:Notes linked to Raymond James Healthcare Top Selections
Underlying basket:Acadia Healthcare Co., Inc. (Symbol: ACHC), Allergan plc (Symbol: AGN), Becton, Dickinson and Co. (Symbol: BDX), Celgene Corp. (Symbol: CELG), Envision Healthcare Corp. (Symbol: EVHC), ICU Medical, Inc. (Symbol: ICUI), INC Research Holdings, Inc. (Symbol: INCR), Laboratory Corp. of America Holdings (Symbol: LH), Mallinckrodt plc (Symbol: MNK), Premier, Inc. (Symbol: PINC), Sage Therapeutics, Inc. (Symbol: SAGE), Steris plc (Symbol: STE), TG Therapeutics, Inc. (Symbol: TGTX) and UnitedHealth Group Inc. (Symbol: UNH); equally weighted
Amount:$4,818,000
Maturity:July 31, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:Par times 97.8% times the basket level percentage, which is sum of weighted reference share performances
Initial price:For each stock, average of stock’s average intraday prices on each of July 21, July 24 and July 25
Final price:For each stock, sum of (a) average of closing prices on July, 24, 2018, July 25, 2018 and July 26, 2018 and (b) dividend amount for that stock
Pricing date:July 21
Settlement date:July 28
Agent:CIBC World Markets Corp.
Fees:1.25%
Cusip:136069VD0

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