Issuers explore US options after CIBC dollar success
Canadian Imperial Bank of Commerce priced the first US-targeted benchmark covered bond in two-and-a-half years on Wednesday, a $2bn (Eu1.42bn/C$2.12bn) three year transaction that attracted more than $4bn of orders, and the deal is said to have generated enquiries from European issuers as to what is now feasible in the US.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: