Commerzbank, HSBC Sell Debt as Euro Debt Crisis Jitters Return

Commerzbank AG and HSBC Holdings Plc raised a total 2.1 billion euros ($2.8 billion) by selling bonds just as a German government spokesman cooled initial optimism for a quick fix to the region’s debt crisis.

Commerzbank, Germany’s second-largest lender, priced 800 million euros of two-year senior, unsecured floating-rate notes in its first benchmark deal in euros since March, according to data compiled by Bloomberg. London-based HSBC, Europe’s biggest bank, raised 1.25 billion euros from 3.875 percent senior bonds due 2018.