Product Type:
Income Note with Autocall & Memory Feature
Issuer:
Canadian Imperial Bank of Commerce
Underlyings:
FTSE 100 Index (UKX:IND), S&P 500® Index (SPX:IND), Euro Stoxx 50® Index (SX5E:IND).
Term:
6 years, one week with Early Maturity possible on a Annual basis from the end of year 2
Potential Return:
Potential income of 4.00% per six-month period (8.00% 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, Annually.
Initial Capital Return Barrier:
As a percentage of the Strike Level: 100% from the end of year 2, Annually.
Strike Date:
4 April 2024
Maturity Date:
12 April 2030
ISIN:
XS2778117239
Currency:
USD
Simplicity: Triple Index Defensive Phoenix Note
Canadian Imperial Bank of Commerce
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