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January 26, 2018updated 25 Jan 2018 11:06am

Deals this week: RNB Retail and Brands, The Good Stuff, FIGS

RNB Retail and Brands intends to issue senior secured notes to raise funds required for refinancing its outstanding debt and general corporate purposes.

RNB Retail and Brands intends to issue senior secured notes to raise funds required for refinancing its outstanding debt and general corporate purposes.

The senior secured notes will have a maturity period of three years and bear a floating interest rate.

Danske Bank is the lead manager and adviser for the transaction.

Based in Sweden, RNB Retail and Brands owns and operates fashion, clothing, accessories, jewellery and cosmetics stores.

The Good Stuff has raised $20m through a Series B funding round led by Joy Capital.

Other participants involved in the funding round include K2VC, Zhen Fund, Welight Capital and Next Capital Partners.

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The Good Stuff is a community-based e-commerce start-up based in China.

“The proceeds from the placement are intended to be used by Peekaboo Beans to fund its expansion in the US and expand its operations in Canada.”

FIGS has raised $65m through venture funding from US-based investment firm Tulco.

The latest round brings the total funding secured by FIGS to $75m.

FIGS is a US-based supplier of medical apparel for men and women.

The funds are intended to be used by FIGS to invest in technology and customisation, as well as international expansions and buying out current investors.

Peekaboo Beans intends to raise C$1.5m ($1.20m) through a brokered private placement of up to 2,000,000 units.

Canaccord Genuity and Gravitas Securities are the co-lead agents for the transaction.

Based in Canada, Peekaboo Beans is a retailer of high-quality children’s apparel.

The proceeds from the placement are intended to be used by Peekaboo Beans to fund its expansion in the US and expand its operations in Canada.

LXRandCo plans to raise C$13.12m ($10.49m) through a public offering of 2.5 million Class B shares.

Underwriters have an option to buy an additional 15% of the offering to cover over-allotments.

Canaccord Genuity Corp is the financial adviser and underwriter to LXRandCo for the transaction.

LXRandCo is a Canada-based retailer of luxury handbags and accessories.

LXRandCo intends to use the proceeds from the issue to extend its omnichannel sales network and general corporate purposes.