Crown initiates non-deal roadshow

The Hong Kong-based logistics company will meet bond investors next week to discuss the potential of a high-yield deal.

Logistics and moving company Crown Worldwide Group will embark on a non-deal roadshow next week to sound the market for a potential high-yield deal. The company is being advised by BNP Paribas and Standard Chartered.

The size and tenor of the transaction are yet to be determined. ôThese are very volatile markets, so itÆs not possible to gauge these parameters at present. We want to take the management to meet investors and see how they respond,ö says a source close...

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