To Prospectus dated August 2, 2012 and Preliminary Prospectus Supplement dated September 24, 2012 |
Filed pursuant to Rule 433 Registration No. 333-182665 |
Canadian Imperial Bank of Commerce
US$1,000,000,000 0.900% Senior Notes due October 1, 2015
Pricing Term Sheet
September 24, 2012
Issuer: | Canadian Imperial Bank of Commerce (the Bank) | |
Trade Date: | September 24, 2012 | |
Settlement Date: | October 1, 2012 (T+5) | |
Expected Ratings*: | Aa2 / (Stable), A+ / (Stable), AA- / (Stable) (Moodys, S&P, Fitch) | |
Aggregate Principal Amount Offered: | US$1,000,000,000 | |
Maturity Date: | October 1, 2015 | |
Price to Public: | 99.970% | |
Coupon (Interest Rate): | 0.900% | |
Interest Payment Dates: | April 1 and October 1 of each year, commencing on April 1, 2013 | |
Re-offer Yield: | 0.910% | |
Spread to Benchmark Treasury: | 57 basis points | |
Benchmark Treasury: | 0.250% due September 15, 2015 | |
Benchmark Treasury Price and Yield: | 99-23+; 0.340% | |
CUSIP/ISIN: | 136069ET4 / US136069ET45 | |
Joint Book-Running Managers: | Citigroup Global Markets Inc. CIBC World Markets Corp. UBS Securities LLC Wells Fargo Securities, LLC | |
Co-Managers: | Barclays Capital Inc. Deutsche Bank Securities Inc. Credit Suisse Securities (USA) LLC Goldman, Sachs & Co. HSBC Securities (USA) Inc. J.P. Morgan Securities LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC |
*A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a registration statement (File No. 333-182665) (including a short form base shelf prospectus dated August 2, 2012) and a preliminary prospectus supplement dated September 24, 2012 (including the base shelf prospectus, the Prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the Prospectus and the documents incorporated therein by reference that the Issuer has filed with the SEC for more complete information about the Issuer and this offering.
You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Bank or any underwriter participating in the offering will arrange to send you the Prospectus and any document incorporated therein by reference if you request such documents by calling Citigroup Global Markets Inc. toll-free at (877) 858-5407 or CIBC World Markets Corp. toll-free at (800) 282-0822 or UBS Securities LLC toll-free at (877) 827-6444 ext. 5613884 or Wells Fargo Securities, LLC toll-free at (800) 326-5897.