CIBC publishes final terms for up to GBP 2 million preference share-linked note offering
CM•CIBC published final terms for up to GBP 2 million of preference share-linked notes due January 2032, with returns linked to the Nikkei 225 Index through Tower Securities preference shares.
1. Note offering terms
The notes are scheduled to be issued on January 4, 2027, at 100% of nominal value and mature on January 2, 2032. Subscriptions run from October 27 to December 16, 2026, and the final issuance amount will depend on investor demand.
2. Index-linked returns
Returns are linked to the Nikkei 225 Index through preference shares issued by Tower Securities. The offering is conditional on admission to trading on the London Stock Exchange’s Main Market.
