April 24 (Reuters) - Canadian Imperial Bank of Commerce CM.TO :
* A NEW CO-LENDING PROGRAM WITH BUSINESS DEVELOPMENT BANK OF CANADA (BDC) WILL LAUNCH MONDAY, APRIL 27
* NEW CO-LENDING PROGRAM TO PROVIDE ELIGIBLE BUSINESSES IMPACTED BY COVID-19 WITH LOANS OF UP TO $6.25 MILLION IN WORKING CAPITAL RELIEF
* NEW BDC PROGRAM IS AVAILABLE AS A 'TERM LOAN' FOR WORKING CAPITAL TO COVER OPERATING COSTS SUCH AS PAYROLL AND LEASES