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  • The financial services arm of US automaker Ford has picked two banks to arrange a potential bond denominated in Singapore dollars.
  • A $925m refinancing for Birla Carbon has received commitments from eight banks, taking the total number of incoming lenders to 10. The loan, which has been in syndication for three months, is likely to be allocated in early March.
  • Australian energy firm AusNet Services started attracting bids for a 60 non-call 5.5 year subordinated offering on Monday. The hybrid issuance is denominated in Singapore dollars and marks the company’s first outing in the currency.
  • China Development Bank Financial Leasing Co is looking to raise as much as $1bn with a Hong Kong IPO in the first half of 2016, according to a source with knowledge of the plan.
  • The China Securities Regulatory Commission (CSRC) has denied rumours that it was set to implement the registration-based system for IPOs in March after another volatile period of trading last week.
  • Ranhill Holdings launched its MR760m ($181m) IPO on Monday morning, with the Malaysian utility firm finally deciding to go ahead with a one-day bookbuild for the float.
  • China Oriental Group completed a buy back of a portion of its outstanding dollar bonds this week with the transaction closing at a tender rate of 28.9%.
  • Abengoa, the Spanish renewable energy multinational, has filed for bankruptcy in the US under its operating subsidiary there: Abengoa Bioenergy US Holding.
  • Jiayuan International Group has opened books for a HK$1.12bn ($144.16m) listing in Hong Kong, with the Chinese property firm marketing the IPO at a huge discount to its net asset value.
  • Eco World International, which dropped plans for a special purpose acquisition company IPO in 2015, is seeking to raise $500m with a listing by the middle of this year, said sources.
  • A $430m five year loan for Baring Private Equity Asia’s acquisition of cosmetics packaging company HCP Global has launched into general syndication.
  • China’s state-owned Jiangxi Copper Company is lining up an A-share and H-share placement to raise a combined Rmb7bn ($1.07bn), according to a filing with the Hong Kong Stock Exchange.