TORONTO, April 28, 2014 /CNW/ - CIBC (CM: TSX) (CM: NYSE) has been recognized
with five project finance awards by Project Finance Magazine and Project
Finance International Magazine for lending deals completed in 2013.
Project Finance Magazine Deal of the Year Awards recognizes firms for their
innovation, deal repeatability, best practice, problem solving, risk
mitigation, value for money and speed of delivery in the financing of
infrastructure projects. This year, CIBC received:
-- North American Midstream Oil & Gas Deal of the Year for Sabine
Pass, a natural gas liquefaction ("LNG") facility in Louisiana;
-- North American Solar Deal of the Year for Solar Star, the
funding unit for two solar photovoltaic power generating
facilities in California.
Project Finance International (PFI) Magazine Awards represents the key
industry benchmark for firms involved in the financings of projects around the
world. This year, CIBC received:
-- PPP Deal of the Year for Sydney Convention Centre;
-- Deal of the Year for Sabine Pass Liquefaction 3 & 4 project;
-- Europe, Middle East and Africa (EMEA) Corporate Deal of the
Year for Arqiva, a critical telecommunications infrastructure
"These awards showcase the depth of knowledge and expertise that our
infrastructure and project finance team brings to our clients globally," said
Laurie Mahon, Global Head of CIBC's Infrastructure Finance group. "Our
clients can count on getting excellent execution and value-added advice on
complex infrastructure financings to help them grow, and these awards
illustrate our continued success on that front."
CIBC is a leading global lender to infrastructure acquisitions, public private
partnerships (P3s) and project financings, including pipelines, renewable
power projects, schools, hospitals, courthouses, rail projects, highways and
bridges. For more information on the awards, visit Project Finance Magazine
and PFI Magazine.
CIBC's wholesale banking business provides a range of integrated credit and
capital markets products, and investment banking to clients in key financial
markets in North America and around the world. We provide innovative capital
solutions and advisory expertise across a wide range of industries as well as
top-ranked research for our corporate, government and institutional clients.
SOURCE CIBC World Markets
Tom Wallis, Communications and Public Affairs at
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CO: Canadian Imperial Bank of Commerce
NI: FIN ENT
-0- Apr/28/2014 14:54 GMT
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