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Fitch Expects to Rate CIBC's CARDS II Trust, Series 2015-2; Presale Issued

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to assign the following ratings to Canadian Imperial Bank of Commerce's CARDS II Trust, series 2015-2 credit card receivables backed USD floating rate class A and CAD floating rate class B notes: --$USD TBD class A notes 'AAAsf (EXP)'; Outlook Stable; --$CAD TBD class B notes 'BBBsf (EXP)'; Outlook Stable. KEY RATING DRIVERS Fitch's expected ratings are based on the underlying receivables pool, available credit enhancement, Canadian Imperial Bank

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