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Canadian Imperial Bank of Commerce : Final Terms of Canadian Imperial Bank of Commerce SPUK 117
Canadian Imperial Bank of Commerce : Final Terms of Canadian Imperial Bank of Commerce SPUK

About this update from Canadian Imperial Bank Of Commerce
The offer of the Notes described in these Final Terms is conditional on the Notes being admitted to trading on the Main Market of the London Stock Exchange. The offer of these Notes by the Issuer may be withdrawn without liability to the Issuer if the Notes are not admitted to the Main Market of the London Stock Exchange on the Issue Date. UK MIFIR product governance / Retail investors, professional investors and ECPs target market - Solely for the purposes of the manufacturer's product approval process, the target market assessment in respect of the Notes has led to the conclusion that: (i) the target market for the Notes is retail clients, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (" EUWA "), and eligible counterparties, as defined in the FCA Handbook Conduct of Business Sourcebook (" COBS )"), and professional clients, as defined in Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA (" UK MiFIR "); and (ii) all channels for distribution of the Notes are appropriate, including investment advice, portfolio management, non-advised sales and pure execution services, subject to the suitability and appropriateness obligations of the Distributor (as defined below) under COBS, as applicable. Any person subsequently offering, selling or recommending the Notes (a " Distributor ") should take into consideration the manufacturer's target market assessment; however, a Distributor subject to the FCA Handbook Product Intervention and Product Governance Sourcebook (the " UK MiFIR Product Governance Rules ") is responsible for undertaking its own target market assessment in respect of the Notes (by either adopting or refining the manufacturer's target market assessment) and determining appropriate distribution channels, subject to the Distributor's suitability and appropriateness obligations under COBS, as applicable. PRIIPs Regulation - PROHIBITION OF SALES TO EEA RETAIL INVESTORS - The Notes are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the European Economic Area (" EEA "). For these purposes, a " retail investor " means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning of Directive (EU) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129, as amended (the " Prospectus Regulation "). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the " PRIIPs Regulation ") for offering or selling the Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. Final Terms dated 15 May 2026 Canadian Imperial Bank of Commerce Branch of Account: Main Branch, Toronto Legal Entity Identifier: 2IGI19DL77OX0HC3ZE78 Issue of Up to GBP 500,000 Preference Share Linked Notes due July 2032 under a Structured Note Issuance Programme PART A - CONTRACTUAL TERMS Terms used herein shall be deemed to be defined as such for the purposes of the terms and conditions (the "Conditions") set forth in the Base Prospectus dated 23 January 2026 and the supplement to the Prospectus dated 17 April 2026, which together constitute a base prospectus (the " Prospectus ") for the purposes of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook (the " PRM "). This document constitutes the Final Terms of the Notes described herein for the purposes of the PRM and must be read in conjunction with such Prospectus as so supplemented. Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Prospectus as so supplemented. The Prospectus and the supplement to the Prospectus are available for viewing during normal business hours at and copies may be obtained from the registered office of the Issuer at 81 Bay Street, CIBC Square, Toronto, Ontario, Canada M5J 0E7, and at the office of Fiscal Agent, Deutsche Bank AG, London Branch at 21 Moorfields, London EC2Y 9DB, United Kingdom. (a) Series Number: SPUK 117 Tranche Number 1 Date on which the Notes become fungible: Not Applicable Specified Currency: British Pounds Sterling (" GBP ") Aggregate Nominal Amount: Series: Up to GBP 500,000 Tranche: Up to GBP 500,000 Description of the arrangements and time for announcing to the public through a primary information provider the definitive amount of the issue/offer: The offer period during which investors may purchase or subscribe for Notes will commence on (and from) 19 May 2026 and will end on (and including) 30 June 2026 or when the offer is declared unconditional, lapses, or is withdrawn, whichever occurs earlier. The Issuer reserves the right to accept any subscriptions for Notes which would exceed the "up to" aggregate principal amount of the Notes of GBP 500,000 and the Issuer may increase the "up to" aggregate principal amount of the Notes to be issued. The Issuer reserves the right, in its absolute discretion, to cancel the offer and the issue of the Notes in the United Kingdom at any time prior to the Issue Date. A notice setting out the final aggregate nominal amount of Notes to be offered and issued will be published by the Issuer on the website of the London Stock Exchange ( https://www.londonstockexchange.com/news ) on or before the issue Date and the notice will be available on the Issuer's website at https://www.cibc.com/en/about-cibc/investor-relations/debt-information/structured-note-issuance-programme.html under "Issuance Documents". Acceptances of the purchase or subscription of the Notes may be withdrawn for not less than 2 working days after the amount of Notes to be admitted to trading has been filed. Issue Price: 100.00 per cent. of the Aggregate Nominal Amount (a) Specified Denominations: GBP 1,000 and integral multiples of GBP 1 in excess thereof Calculation of Interest and Redemption based on the Specified Denomination: Applicable Minimum Trading Size: Applicable. The Minimum Trading Size is GBP 1,000 in aggregate nominal amount Calculation Amount: GBP 1.00 (a) Issue Date: 14 July 2026 Trade Date: 12 May 2026 Interest Commencement Date: Not Applicable Maturity Date: 14 July 2032 or, if such date is not the day falling 10 Business Days after the Final Valuation Date, then the Maturity Date shall be the day falling 10 Business Days after the Final Valuation Date. If the Preference Shares become subject to any Early Redemption Event, then the Maturity Date shall be the day falling 10 Business Days after the relevant Early Redemption Valuation Date. Type of Notes: Interest: Not Applicable Redemption: Preference Share Linked Note (Further particulars specified below in "PROVISIONS RELATING TO REDEMPTION") Bail-inable Notes: No Date Board approval for issuance of Notes obtained: Not Applicable Method of distribution: Non-syndicated Asset Conditions: Preference Share Linked Asset Conditions applicable in accordance with Annex 5 PROVISIONS RELTING TO INTEREST (IF ANY) PAYABLE Fixed Rate Note: Not Applicable Floating Rate Note: Not Applicable Linked Interest Note: Not Applicable PROVISIONS RELATING TO REDEMPTION Redemption Determination Date(s): For the purposes of determining the Final Redemption Amount, the date falling 10 Business Days prior to the Final Redemption Date For the purposes of determining an Early Redemption Amount, the date falling 10 Business Days prior to the Early Redemption Date Call Option: Not Applicable Put Option: Not Applicable Bail-inable Notes - TLAC Disqualification Event Call Option: Not Applicable Early Redemption Amount: Early Redemption Amount(s) of each Note: payable on redemption for tax reasons, on Event of Default or Illegality and Force Majeure or other early redemption in accordance with the Conditions Fair Market Redemption Amount calculated in accordance with General Condition 5.4. Hedge Amount Not Applicable Fair Market Value Redemption Amount Percentage: Not Applicable Automatic (Autocall) Early Redemption for the purposes of General Condition 5.2 and Automatic Early Redemption Conditions (Annex 3): Not Applicable Final Redemption Amount for the purposes of General Condition 5.1 (Final Redemption) determined in accordance with: Not Applicable PROVISIONS RELATING TO THE UNDERLYING(S) IF ANY (a) Index Linked Note: Not Applicable Equity Linked Note: Not Applicable Fund Linked notes: Not Applicable Preference Share Linked Note: Applicable. Preference Share Issuer: Tower Securities Limited A description of the Preference Share Issuer is contained in the Base Prospectus. Information: The Preference Share Terms and Conditions are attached to these Final Terms. The Articles of the Preference Share Issuer are available for inspection on request from Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET, Attention: Execution Management. The Preference Share Value will be available on each Business Day on request from Canadian Imperial Bank of Commerce, London Branch, 150 Cheapside, London, EC2V 6ET, Attention: Execution Management Preference Shares: UK Preference Shares Series 66 issued by the Preference Share Issuer Preference Share Underlying: EURO STOXX 50® Index (Bloomberg Ticker: SX5E Index) FTSE® 100 Index (Bloomberg Ticker: UKX Index) Standard and Poor's 500® Index (Bloomberg Ticker: SPX Index) Final Valuation Date: 30 June 2032, provided that if there is an Early Preference Share Redemption Event as a result of the Preference Shares being redeemed following an Auto-Call Trigger Event in accordance with the Preference Share Terms and Conditions, the Final Valuation Date(s) will be the relevant Auto-Call Valuation Date(s) as set out in the Preference Share Terms and Conditions, being: Preference Share Auto Call Valuation Date(s) 30 June 2028 2 July 2029 1 July 2030 30 June 2031 30 June 2032 Provided further that if the Calculation Agent determines that any date for valuation of or any determination in respect of the Preference Share or of the underlying asset or reference basis (or any part thereof) for the Preference Shares otherwise falling on or about such day is delayed in accordance with the Preference Share Terms and Conditions of the Preference Shares for any reason, the Final Valuation Date(s) shall be deemed to be the final such delayed valuation date or determination date(s), all as determined by the Calculation Agent. Valuation Time: 5:00pm (London time) Additional Disruption Event: Change in Law: Applicable: Hedging Arrangements is Applicable Hedging Disruption: Applicable Increased Cost of Hedging: Applicable Insolvency Filing: Applicable Early Redemption Notice Period Number: 10 Business Days following the Early Redemption Valuation Date Fair Market Value Redemption Amount: As specified in Preference Share Linked Condition 1.6(b)
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