Banks

Redco Properties Group returned to the dollar market with a sub-one year bond on Tuesday, two weeks after using up its offshore issuance quota.

Chinese property developer Fantasia Holdings Group Co reopened a bond initially sold three years ago in a bid to lower its funding costs, taking $200m from the tap.

Arthur van der Goes is joining William Blair’s investment banking franchise from Rabobank.

Chinese property developer Yanlord Land Group has increased the size of its latest borrowing to $1.1bn-equivalent after receiving strong response during syndication.

Lloyds has bought back a small amount of sterling covered bonds on a bi-lateral basis. Most investors that wanted to hand back bonds will have already done so in its previous public tender offer.

HSBC Holdings has launched a tender offer for nine short-dated senior securities in dollars as it looks to optimise its liability structure for the total loss-absorbing capacity (TLAC) requirements. The announcement followed a dual-tranche senior deal in the same currency.

European banks will be subject to some of the Federal Reserve’s highest capital targets, after the US regulator switched to using stress test results as the main input for its requirements.

Barclays is building up sustainability coverage in its investment bank with new positions announced globally on Monday and effective immediately.

ICICI Bank has closed its up to Rp150bn ($2bn) qualified institutional placement, according to a source close to the deal.

China Education Group Holding has raised HK$2bn ($260m) after boosting the size of a top-up share placement.

US-listed OneConnect Financial Technology Co, a Chinese company whose stock price has doubled this year, is tapping equity investors for new funds.

Ke Holdings, which operates Chinese real estate platform Beike, is set to close the orderbook for its $2bn US listing a day earlier than planned, according to a source close to the deal.