Obligation CBIC 0% ( US13607H8705 ) en USD

Société émettrice CBIC
Prix sur le marché 100 %  ⇌ 
Pays  Canada
Code ISIN  US13607H8705 ( en USD )
Coupon 0%
Echéance 29/04/2022 - Obligation échue



Prospectus brochure de l'obligation CIBC US13607H8705 en USD 0%, échue


Montant Minimal 1 000 USD
Montant de l'émission 6 174 000 USD
Cusip 13607H870
Notation Standard & Poor's ( S&P ) N/A
Notation Moody's N/A
Description détaillée La Banque CIBC (Canadian Imperial Bank of Commerce) est une grande banque commerciale canadienne offrant une gamme complète de services financiers, y compris des services bancaires aux particuliers et aux entreprises, des services de gestion de patrimoine et des services de marchés des capitaux.

L'Obligation émise par CBIC ( Canada ) , en USD, avec le code ISIN US13607H8705, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 29/04/2022







424B2 1 a20-21573_19424b2.htm 424B2

Supplement dated June 16, 2020
Filed pursuant to Rule 424(b)(2)
to term sheet dated April 23, 2020,
Registration Statement No. 333- 233663
product supplement EQUITY INDICES ARN-1

dated December 16, 2019, prospectus supplement dated December 16, 2019
and prospectus dated December 16, 2019 (together, the "Note Prospectus")




Canadian Imperial Bank of Commerce
Accelerated Return Notes®
Linked to the S&P 500® Index, due April 29, 2022
CUSIP: 13607H870
(the "notes")

This document (the "supplement") supplements the Note Prospectus in connection with any secondary market
transactions in the notes by us, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated or any of
our respective affiliates. Capitalized terms used but not defined in this supplement have the meanings set forth in the
Note Prospectus.

The Starting Value for the notes was defined in the final term sheet dated April 23, 2020 (the "Final Term Sheet"). The
Starting Value was defined as the lowest closing level of the Market Measure on any Market Measure Business Day
(subject to adjustment as set forth in the Final Term Sheet) during the Starting Value Determination Period. The
closing level of the Market Measure on April 23, 2020, the first day of the Starting Value Determination Period, was
2,797.80.

The Starting Value Determination Period expired on May 29, 2020. The lowest closing level of the Market Measure on
any Market Measure Business Day during the Starting Value Determination Period was 2,797.80, which was the
closing level of the Market Measure on April 23, 2020.

Therefore, the Starting Value for the notes is 2,797.80.

Documentation

You should read this supplement, together with the documents listed below, which together contain the terms of the
notes and supersede all prior or contemporaneous oral statements as well as any other written materials. You should
carefully consider, among other things, the matters set forth in the "Risk Factors" sections beginning on page TS-6 of
the Final Term Sheet, page PS-6 of product supplement EQUITY INDICES ARN-1, page S-1 of the prospectus
supplement, and page 1 of the prospectus, as the notes involve risks not associated with conventional debt securities.
We urge you to consult your investment, legal, tax, accounting, and other advisors before you invest in the notes.

You may access these documents on the Securities and Exchange Commission ("SEC") website at www.sec.gov as
follows (or if such address has changed, by reviewing our filings for the relevant date on the SEC website):

· Final Term Sheet dated April 23, 2020:
https://www.sec.gov/Archives/edgar/data/1045520/000110465920051582/a20-16501_24424b2.htm

· Product supplement EQUITY INDICES ARN-1 dated December 16, 2019:
https://www.sec.gov/Archives/edgar/data/1045520/000110465919073345/a19-25016_2424b5.htm

· Prospectus supplement dated December 16, 2019 and prospectus dated December 16, 2019:
https://www.sec.gov/Archives/edgar/data/1045520/000110465919073058/a19-24965_3424b2.htm



Our Central Index Key, or CIK, on the SEC website is 1045520. Unless otherwise indicated or unless the context
requires otherwise, all references in this supplement to "we," "us," "our," or similar references are to Canadian
https://www.sec.gov/Archives/edgar/data/1045520/000110465920073753/a20-21573_19424b2.htm[6/16/2020 3:44:30 PM]


Imperial Bank of Commerce.

https://www.sec.gov/Archives/edgar/data/1045520/000110465920073753/a20-21573_19424b2.htm[6/16/2020 3:44:30 PM]


Document Outline