Product Type:
Income Note with Autocall & Memory Feature
Issuer:
Canadian Imperial Bank of Commerce
Underlyings:
FTSE 100 Index (UKX), S&P 500 Index (SPX) and Euro Stoxx 50 Index (SX5E)
Term:
6 years, one week with Early Maturity possible
on a Semi-Annual basis from the end of year 2.
Potential Return:
Potential income of 4.075% per six-month period (8.15% p.a.)
Income Trigger Level:
Income Trigger Level as a percentage of the Strike Level: 85%.
Kick Out Trigger Level:
As a percentage of the Strike Level: 100% from the end of year 2, Semi-Annually.
Initial Capital Return Barrier:
As a percentage of the Strike Level: 100% from the end of year 2, Semi-Annually.
Strike Date:
8 July 2025
Maturity Date:
8 July 2031
ISIN:
XS3092447377
Currency:
USD
Simplicity: Triple Index Defensive Phoenix Note
Canadian Imperial Bank of Commerce
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