CIBC $1.25 Billion Covered Bond - Final Terms (Released July 5)

This eight-page legal document (released July 5, dated June 25) contains the contractual terms and other information regarding the second U.S. dollar-denominated covered bond issue of Canadian Imperial Bank of Commerce (CIBC), in the amount of $1.25 billion, under its €8 billion Global Public Sector Covered Bond Program.  The bonds are not offered to any U.S. person or address in the U.S. except to Qualified Institutional Buyers.

To download a PDF of the Final Terms from the London Stock Exchange website (for educational purposes only), click here.

Cautionary Note:  Access to the document is subject to the following disclaimer from the London Stock Exchange:

Please note that the information contained in the Prospectus and the Final Terms may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Prospectus and the Final Terms is not addressed.

Prior to relying on the information contained in the Prospectus and the Final Terms you must ascertain from the Prospectus and the Final Terms whether or notyou are an intended addressee of the information contained therein.

The Covered Bonds and the related Covered Bond Guarantee have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States or to or for the account or benefit of U.S. persons except pursuant to anexemption from, or in a transaction not subject to, the registrationrequirements of the Securities Act. Accordingly, the Covered Bonds are being offered only (i) in offshore transactions to non-U.S. persons in reliance upon Regulation S under the Securities Act or (ii) to qualified institutional buyers in reliance upon Rule 144A under the Securities Act.

Your right to access this service is conditional upon complying with the above requirements.