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The strong response from banks to Charoen Pokphand Group’s acquisition-related loan is not a true reflection of conditions in Asia’s syndications market — despite what some may say.

China Huadian Corp priced a $500m bond on Monday, riding on the improvement in market sentiment to reopen the perpetual market for state-owned enterprises.

Crédit Agricole has mandated seven banks for its second outing in China's onshore renminbi market. The deal, again taking the form of a senior preferred bond, is expected to price next week.

China’s Genetron Holdings has launched bookbuilding for its Nasdaq listing, according to a source familiar with the matter.

Industrial Bank of Korea bagged $500m from a social bond on Monday, with the proceeds pegged to help companies struggling because of the Covid-19 pandemic.

Hygeia Healthcare Holdings has kicked off the roadshow for its up to HK$2.22bn ($286.4m) IPO, joining Hong Kong’s increasingly hot listing market.

First Abu Dhabi Bank bagged Rmb1.4bn ($198m) on Monday from its largest offshore renminbi bond to date.

Nexa Resources, the mining arm of Brazilian conglomerate Votorantim, overcame a soft start to the week in international markets to raise $500m on Monday, with investors saying the company had offered a generous pick-up to its existing notes.

In mid-May GlobalCapital hosted a specially convened panel of investment bankers, investors and a market infrastructure provider to discuss how capital markets have reacted to the coronavirus crisis and how they might play a role in the recovery of the global economy. The discussion, which took place remotely over Zoom, was the opening panel discussion of the Global Borrowers & Investors Forum, which this year is being brought to you in virtual form via a special digital publication on our website.

As part of the Global Borrowers & Bond Investors Forum Virtual 2020, GlobalCapital hosted a panel in May to discuss how supranationals’ businesses are changing during this crisis. The Covid-19 pandemic has meant vastly increased demands on their lending. The supranationals have had to drastically alter their plans and strategies to help their clients in fighting the virus, and in mitigating the economic consequences of global lockdown. That has meant that many of the panellists’ institutions will be turning to the capital markets for larger sums than they had anticipated. Of course, as is the case for so many, they are having to do so without the traditional comforts and conveniences of an office infrastructure — although this has caused less disruption and inefficiency than might have been expected.

The coronavirus crisis has brought the role of the public sector agency into sharper focus than ever. With companies suffering devastating losses of revenues, sovereigns are doing their best to shoulder the burden and ensure companies have what they need to protect jobs. To do this, many sovereigns are leaning on their agencies as the best way to transmit economic support packages. GlobalCapital held a roundtable in mid-May to discuss the impact of the coronavirus pandemic on the agency sector and how it is managing the crisis.

The corporate sector was not at the centre of the 2008-9 financial crisis — banks were. This time, it is companies of all kinds that are first in the financial markets to feel the stress of the coronavirus pandemic. Measures to control the infection have stopped many businesses’ revenues, completely and suddenly, and put others under severe strain. In such a situation, the quality of a company’s financial planning and management are revealed. Tested just as much are the financial networks that surround a company: its banking relationships and ability to finance itself in a variety of markets.