CIBC to keep covered bonds busy

By Bill Thornhill
02 Jul 2019

Canadian Imperial Bank of Commerce (CIBC) has mandated leads for its first euro covered bond since January 2018.

CIBC has mandated ABN Amro,BNP Paribas, CIBC Capital Markets,DZ Bank and HSBC to lead manage an Aaa/---/AAA rated eight year euro-denominated covered bond transaction.  

CIBC was last seen in the euro market in January 2018 when it issued a €1.25bn 0.25% January ...

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