Corporate & Investment

Debt capital markets

Raising debt in the market, in the currency that fits the asset

Overview

Origination, structuring and distribution of bonds, notes and private placements for corporates, financial institutions, municipalities and public agencies.

We arrange investment-grade and high-yield bonds, private placements and municipal issues, and we make a secondary market in what we bring.

Why HBI

Covered by people who know your sector

Our corporate and investment bank is organized by sector and staffed regionally. The people pricing your risk follow your industry every day, with research, sales and structuring on one desk.

We lend, advise and make markets, and we test each against the others before proposing a structure. Where those roles could conflict we say so, and you choose which one we take.

What you get

Everything that is included

The full list, not the highlights. If something is not here, it is not included.

Features

  • Investment-grade and high-yield corporate bonds
  • Rule 144A offerings and US private placements
  • Green, social, sustainability and sustainability-linked instruments
  • Securitization and asset-backed structures
  • Liability management, including tenders, exchanges and consents
  • Rating advisory and investor relations support

What you need to qualify

  • Corporate, financial institution, municipal or public agency issuer
  • Issuance typically above $100 million
  • Audited financial statements and, for most issues, a credit rating
  • Offering documents and SEC registration, or an exemption from it
Not sure you qualify?Speak to a banker before applying. A conversation costs nothing and does not touch your credit report.
Good to know

How we look after you

Three commitments that apply to every corporate & investment product, this one included.

Documentation runs in parallel

ISDA, facility and custody documentation is negotiated alongside credit approval rather than after it, which typically saves several weeks.

Conflicts are disclosed, not managed quietly

Every mandate passes group-wide conflict clearance before engagement. Where we hold more than one role, each is set out in the mandate letter.

One coverage banker

A single senior banker is accountable for the relationship across lending, markets, advisory and transaction banking.

Questions

Questions clients actually ask

If yours is not here, a banker will answer it directly.

For most public issues, yes. Private placements to a small group of institutional investors can sometimes proceed unrated, at a wider spread.

Twelve to sixteen weeks for a debut issue including documentation and rating. Repeat issues off a shelf registration take days.

A bond whose coupon steps up if you miss pre-agreed sustainability targets. Unlike a green bond, proceeds are not ring-fenced — the commitment is to performance.

Yes, in issues we arrange. Secondary liquidity is one of the reasons issuers appoint us, and we commit to it in the mandate.

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Corporate & Investment

Ready to take this further?

Apply online in about ten minutes, or ask a banker to call you at a time that suits.