TSX:CMBanks
CIBC (TSX:CM) Valuation in Focus as New Fixed-Income Offerings Highlight Funding Strategy
Canadian Imperial Bank of Commerce (TSX:CM) just rolled out multiple new fixed-income offerings, featuring senior unsecured notes at different coupon rates and maturities. This move reveals funding strategies and is worth a closer look for shareholders.
See our latest analysis for Canadian Imperial Bank of Commerce.
The string of fresh bond issuances comes as Canadian Imperial Bank of Commerce’s share price enjoys a wave of positive momentum, up 7.4% over the past month and nearly 33%...