TSX:CMBanks
A Look At Canadian Imperial Bank of Commerce’s Valuation As Fresh Bond Issuances Reshape Its Funding Profile
Why CIBC’s fresh bond activity matters for stock investors
Canadian Imperial Bank of Commerce (TSX:CM) has been busy in the bond market, issuing a series of senior secured and unsecured notes with fixed and variable coupons across maturities stretching into the 2030s and 2040s.
For you as a shareholder or potential buyer, this cluster of offerings is important because it shapes how the bank funds itself, manages regulatory capital needs, and balances costs between equity and debt over...