CIBC adds to Canada’s TLAC run in euros

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Senior Debt

CIBC adds to Canada’s TLAC run in euros

Tyler Davies
April 29, 2019 01:00 pm
CIBC_Bank_PA_230x150_290419
CIBC is refunding 1.4 million customers for improperly charging credit card fees between 2003 and 2017. CIBC signage is shown in the financial district in Toronto on Tuesday, August 22, 2017. THE CANADIAN PRESS/Nathan Denette | Nathan Denette/The Canadian Press/PA Images

Canadian Imperial Bank of Commerce (CIBC) opened books on its first bail-inable senior bond in euros on Monday, with four out of Canada’s big six banks having targeted the currency at the end of April.

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Senior DebtCIBC World MarketsCanadaAmericasNorth AmericaFIG
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Tyler Davies
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