Wednesday, May 18, 2016

Correction: Fitch Affirms CIBC's Legislative Mortgage Covered Bonds at 'AAA'

(The following statement was released by the rating agency)

NEW YORK, May 18 (Fitch) (This is a correction of a release

published Aug. 3,

2015. It includes Fitch's 'Global Structured Finance Rating

Criteria' under

Applicable Criteria, which was omitted from the original

release.)

Fitch Ratings has affirmed the 'AAA' rating with a Stable

Outlook on the

Canadian Imperial Bank of Commerce's (CIBC; 'AA-'/'F1+'; Outlook

Stable)

legislative mortgage covered bonds following Fitch's annual

review.

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