Deals this week: Supermarket Grocery Supplies, Kohlberg Kravis Roberts, Hellofresh

13 October 2017 (Last Updated October 20th, 2017 14:01)

Supermarket Grocery Supplies has raised Rs55m ($0.83m) in venture debt funding from Trifecta Capital Venture Debt.

Supermarket Grocery Supplies has raised Rs55m ($0.83m) in venture debt funding from Trifecta Capital Venture Debt.

BigBasket issued equity and compulsory convertible preference shares priced at Rs474 ($7.22) and Rs4,980 ($75.88) a share to Trifecta, as part of the transaction.

Supermarket Grocery Supplies operates online food and grocery store BigBasket, while Capital Venture Debt is a venture debt funding company. Both companies involved in the transaction are based in India.

“Following the transaction, KKR will hold more than 62 million ordinary shares in the capital of Pets at Home.”

Kohlberg Kravis Roberts & Co. (KKR) has reached an agreement for the private placement of 61 million ordinary shares of Pets at Home Group to raise approximately £119m ($155.98m) in aggregate gross proceeds.

Pets at Home Group is a UK-based omnichannel retailer and services provider.

Following the transaction, KKR will hold more than 62 million ordinary shares in the capital of Pets at Home, equivalent to approximately 12.4% of issued ordinary shares.

Merrill Lynch International has been engaged as the bookrunner for the offering.

Hellofresh plans to raise between €250m ($300.45m) and €300m ($360.53m) through an initial public offering (IPO) of shares.

Based in Germany, Hellofresh provides online food services.

Switzerland-based travel retailer Dufry has announced its intention to raise €500m ($586.63m) by issuing senior notes.

Expected to be listed on The International Stock Exchange, the notes will mature after seven years.

SMU has reached an agreement to raise €35.5m ($41.66m) in an offering of notes maturing in September 2019.

Based in Chile, SMU operates a chain of supermarkets.

The company has engaged Jose Miguel Carvajal, Andrea Deaz and Isabel Cabeza of Morales & Besa as legal advisers for the transaction.

Lifestyle Design has raised JPY740m ($6.56m) in funding from venture capital firms Globis Capital Partners & Co., Nissay Capital, and Spiral Ventures Japan.

Based in Japan, Lifestyle Design operates online store LaFabric.