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CIBC Investment Solutions – Current Issue
 

CIBC Canadian Banks Index Enhanced Autocallable Coupon Notes, Series 3
Available until February 25, 2019


Linked to

Solactive Canada Bank Index

 

 2.25% Semi-Annual

Contingent Coupon Payments

(4.50% per annum)

 

Semi-Annual Autocall Feature (starting in September 2019)

 

30.00% Contingent Principal Protection

  • Currency: CAD Denominated
  • Cash flow: The Notes offer the opportunity to obtain semi-annual Coupon Payments equal to the Coupon Amount of 2.25% per Note if the Reference Index Return on the applicable Valuation Date is greater than or equal to -30.00%.
  • Call Feature: The Notes will automatically be called by CIBC on a Call Date if the Reference Index Return on the applicable Valuation Date is greater than or equal to the applicable Call Threshold. The applicable Call Threshold will be as follows:

Valuation Date

Reference Index Return

August 23, 2019

-5.00%

February 21, 2020

-5.00%

August 21, 2020

0.00%

February 19, 2021

0.00%

August 20, 2021

0.00%

February 18, 2022

0.00%

 

  • Contingent Principal Protection: 30.00%
  • Selling Concession: .50%
  • Eligible for registered accounts: RRSPs, RRIFs, RESPs, RDSPs, certain DPSPs, and TFSAs

Term

Available Until

Issue Date

Maturity Date

Minimum Investment

How To Buy

3 years

25 February 2019

01 March 2019

01 March 2022

$5,000

Wood Gundy: SyndNET

Third Party: Fundserv CBL10367 


A copy of the Offering Document may be obtained by clicking on the link below or contacting your investment advisor.