{"version":"1.0","provider_name":"Market Newsdesk","provider_url":"https:\/\/www.marketnewsdesk.com","author_name":"Newsdesk","author_url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/","title":"CIBC to Redeem Debentures - Market Newsdesk","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"rQmcyLGRbJ\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-to-redeem-debentures\/\">CIBC to Redeem Debentures<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-to-redeem-debentures\/embed\/#?secret=rQmcyLGRbJ\" width=\"600\" height=\"338\" title=\"&#8220;CIBC to Redeem Debentures&#8221; &#8212; Market Newsdesk\" data-secret=\"rQmcyLGRbJ\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.marketnewsdesk.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Canada NewsWire TORONTO, Dec. 10, 2020 \/CNW\/ &#8211;\u00a0CIBC (TSX: CM) (NYSE: CM) today announced its intention to redeem all $1.0 billion of its 3.42% Debentures Due January 26, 2026 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness) (the &#8220;3.42% Debentures&#8221;). In accordance with their terms, the 3.42% Debentures will be redeemed at 100% of their principal amount on January 26, 2021, together with accrued and unpaid interest up to but excluding the redemption date. Interest on the 3.42% Debentures will cease to accrue from and after the redemption date. The redemption will be financed out of the general corporate funds of CIBC. Notice will be delivered to registered holders of the 3.42% Debentures in accordance with the terms outlined in the prospectus &hellip; Continue reading \"\"","thumbnail_url":"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C9832&amp;Transmission_Id=202012100900CANADANWWEB______C9832&amp;DateId=20201210"}