HSBC to co-head Stratford City deal

HSBC is the third lead  underwriting bank for Westfield at the Australian company’s Stratford City regional mall in east London, alongside Credit Agricole CIB and Eurohypo.

It is thought that HSBC and one of the other two banks already have the go-ahead to underwrite up to £175m each for Westfield. The banks are expected to syndicate some of the debt on the £1.8bn, 1.9m sq ft mall, due for completion in September.