Edward Best~~Susan Rabinowitz~~Kevin Winnie
February 23, 2026
Willkie Represents CIBC in $2 Billion Senior Notes Offering
1 min
AI-made summary
- • Willkie represented Canadian Imperial Bank of Commerce (CIBC) in a registered public offering of senior notes totaling $2 billion due 2030. • The offering included $400 million Floating Rate Senior Notes and $1.6 billion 4.283% Fixed-to-Floating Rate Senior Notes. • CIBC announced the pricing on January 21, 2026, and the offering closed on January 29, 2026. • Net proceeds from the offering will be used for general corporate purposes and added to the bank’s funds. • CIBC World Markets, Barclays, BofA Securities, Deutsche Bank Securities, and Morgan Stanley acted as joint book-running managers.
Willkie represented Canadian Imperial Bank of Commerce (“CIBC”) in its registered public offering of $400,000,000 Floating Rate Senior Notes due 2030 and $1,600,000,000 4.283% Fixed-to-Floating Rate Senior Notes due 2030.
On January 21, 2026, Willkie client CIBC (NYSE: CM) announced it priced a registered public offering of $400,000,000 Floating Rate Senior Notes due 2030 and $1,600,000,000 4.283% Fixed-to-Floating Rate Senior Notes due 2030. The offering closed on January 29, 2026. The bank plans to use the net proceeds from the offering for general corporate purposes and will be added to the bank’s funds.
CIBC World Markets Corp., Barclays Capital Inc., BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC acted as joint book-running managers for the offering.
The Willkie team was led by partners Eddie Best and Susan Rabinowitz with associate Kevin Winnie.
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Edward Best~~Susan Rabinowitz~~Kevin Winnie
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