CIBC Completes Issuance of US$1B Aggregate Principal Amount of 2.350% Senior Notes

On December 7, 2010, Canadian Imperial Bank of Commerce completed the offer and sale of US$1 billion aggregate principal amount of 2.350 per cent Senior Notes due December 11, 2015.

The Notes were offered using CIBC's US$8 billion base shelf prospectus platform pursuant to a shelf registration statement filed with the US Securities and Exchange Commission and a short form base shelf prospectus filed with the Ontario Securities Commission using the Canada/US multi-jurisdictional disclosure system. The offering was made through a syndicate of underwriters led by Barclays Capital Inc., Citigroup Global Markets Inc., CIBC World Markets Corp. and J.P. Morgan Securities LLC, as joint book-running managers and included Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., Goldman, Sachs & Co., HSBC Securities (USA) Inc., Morgan Stanley & Co. Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC.

CIBC was represented by in-house counsel Eddy Mezzetta and Achilles Perry; by Ernest McNee, Michael Hickey and William Chan (securities) and Chris Van Loan (tax) of Blake, Cassels & Graydon LLP; and by Edward Best, Jessica Waller and Elizabeth Kunz of Mayer Brown LLP as US counsel.

The underwriters were represented by Christopher Morgan, David Beeston and Julie Breau of Skadden, Arps, Slate, Meagher & Flom LLP.


David Beeston Christopher W. Morgan Ernest McNee Edward S. Best William Chan Christopher R.J. Van Loan Michael Hickey Eddy Mezzetta


Blake, Cassels & Graydon LLP Mayer Brown LLP Skadden, Arps, Slate, Meagher & Flom LLP