HSBC

Arcadis, the UK engineering consultancy, has raised €174m by selling new ordinary shares in a rights offering.

Council of Europe Development Bank (CEB) has hired lead managers to run the first five year dollar syndication since a pair of deals failed to cross the line three weeks ago amid strong volatility in US Treasuries. Sweden and Caisse des Dépôts et Consignations brought deals with more conservative maturities.

The City of Ludwigshafen has hired banks to run a roadshow for what will be its debut syndication. Meanwhile, City of Berlin picked banks to lead a deal that is set to be priced on Wednesday.

COFCO Land Holdings, which is soon to be known as Joy City Property, is marketing its debut dollar bond. The borrower has mandated eight banks to arrange investor meetings which start this week.

Ontex, the Belgian producer of disposable hygienic products for babies and adults, is beginning on Tuesday a roadshow in London for a €250m high yield bond, after completing its IPO in June.

Saudi Arabia’s National Commercial Bank closed on Sunday the offer period for the sale of 300m of its shares, having attracted huge demand from its local market by offering a big discount.

The Province of Trento’s funding arm Cassa del Trentino came to market early with a long dated medium term note to take advantage of strong performance in Italian government bonds. Meanwhile, Cassa Depositi e Prestiti mandated banks for a roadshow.

Heathrow has signed a £2.15bn refinancing of its revolving credit and liquidity facilities with a syndicate of 22 banks. The loan comprises a £1.4bn revolving credit facility and a £750m standby liquidity facility.

Malaysian state-backed mortgage lender Cagamas Berhad has sold its first ever privately placed MTN in a foreign currency.

HSBC’s third quarter profits and revenues were flat on last year's, as a punchy performance from the markets division was swallowed up by yet more conduct charges, including a $701m provision for payment protection insurance, a $550m US mortgage settlement, and a $378m provision against the Financial Conduct Authority’s foreign exchange investigation.

China Construction Bank (Asia) is meeting European investors from Wednesday November 5 in what looks to be busy week for the franchise as parent CCB readies itself to issue a CNH denominated tier two bond.

The Bank of England's Financial Policy Committee released its updated guidance on leverage ratio requirements on Friday afternoon. The new ratios look positive for the UK's largest lenders, being considerably less demanding than the worst case scenarios and with all but one of the country's global banks already meeting their requirements.