On September 9, 2005, Canadian Imperial Bank of Commerce completed the public offering of $1.3 billion principal amount of 3.75 per cent debentures due September 9, 2015 pursuant to its base shelf prospectus. The offering was the largest public issuance of subordinated indebtedness by a Canadian financial institution.
CIBC was represented by Ernest McNee and Mark Rushton of Blake, Cassels & Graydon LLP, who worked with CIBC in-house counsel, Eddy Mezzetta. Philip Henderson and Robert Assal of Stikeman Elliott LLP acted for the dealer syndicate led by CIBC World Markets Inc. with BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., National Bank Financial Inc., Merrill Lynch Canada Inc., HSBC Securities (Canada) Inc., Trilon Securities Corp., Desjardins Securities Inc. and Laurentian Bank Securities Inc.
CIBC was represented by Ernest McNee and Mark Rushton of Blake, Cassels & Graydon LLP, who worked with CIBC in-house counsel, Eddy Mezzetta. Philip Henderson and Robert Assal of Stikeman Elliott LLP acted for the dealer syndicate led by CIBC World Markets Inc. with BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., National Bank Financial Inc., Merrill Lynch Canada Inc., HSBC Securities (Canada) Inc., Trilon Securities Corp., Desjardins Securities Inc. and Laurentian Bank Securities Inc.
