Davis Polk partner Gerhard Radtke was quoted in Global Capital Asia from a recent roundtable event discussing COVID-19’s effect on China’s high yield market. Radtke said that although the market had a very strong start, transactions slowed during the peak months of COVID-19, but he noted that the issuers are relatively resilient.

Roundtable: Covid-19 hits China high yield, but real estate stays resilient” (May 7, 2020)