CIBC Announces Successful Redemption of GBP 2 Million Preference Share Linked Notes
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CIBC has announced the issuance of GBP 2 million in Preference Share Linked Notes, redeemable in June 2032. These notes, part of CIBC’s Structured Note Issuance Programme, are linked to the performance of UK Preference Shares Series 45 and are aimed at diversifying financial offerings for various client segments. The final valuation date is June 10, 2032, unless an earlier redemption occurs due to specific auto-call trigger events.
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