September 13, 2024
Willkie represented Canadian Imperial Bank of Commerce, a leading North American financial institution, in connection with its SEC-registered multi-tranche offering of $2.25 billion aggregate principal amount of senior notes.
The offering comprised $500 million principal amount of Floating Rate Notes due 2027, $1 billion principal amount of 4.508% Fixed-to-Floating Rate Notes due 2027, and $750 million principal amount of 4.631% Fixed-to-Floating Rate Notes due 2030. The offering closed on September 11, 2024.
CIBC World Markets Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and TD Securities (USA) LLC acted as joint book-running managers for the offering.
The Willkie team was led by partners Edward Best, Susan Rabinowitz and Jennifer Carlson and included associates Michael Louis-Jean and Kevin Winnie.
The offering comprised $500 million principal amount of Floating Rate Notes due 2027, $1 billion principal amount of 4.508% Fixed-to-Floating Rate Notes due 2027, and $750 million principal amount of 4.631% Fixed-to-Floating Rate Notes due 2030. The offering closed on September 11, 2024.
CIBC World Markets Corp., BofA Securities, Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and TD Securities (USA) LLC acted as joint book-running managers for the offering.
The Willkie team was led by partners Edward Best, Susan Rabinowitz and Jennifer Carlson and included associates Michael Louis-Jean and Kevin Winnie.
