CIBC offers up to GBP 500,000 preference share-linked notes due 2031
CM•Offering details
CIBC launched an offering of up to GBP 500,000 Preference Share Linked Notes due October 2031 under its Structured Note Issuance Programme.
The notes are priced at 100% of nominal, issued in GBP 1,000 denominations, and have a minimum trading size of GBP 1,000.
Timing and listing
The offer period runs from Aug. 21, 2026 to Oct. 2, 2026, with an issue date set for Oct. 16, 2026.
Admission to trading is targeted for the London Stock Exchange Main Market, with issuance conditional on listing by the issue date.
Reference assets and redemption
Redemption is linked to UK Preference Shares Series 84, referencing the EURO STOXX 50 Index and FTSE 100 Index, with cash settlement.
