Gristede's Foods postpones $150 million notes and warrants deal, cites market conditions

By Paul A. Harris

St. Louis, Aug. 14 - Gristede's Foods, Inc. cited market conditions as it postponed its offering of $150 million seven-year units made up of notes with warrants (B3/B), according to an informed source.

Jefferies & Co. was bookrunner on the Rule 144A deal

Proceeds were slated to fund acquisition of Kings Super Markets, to repay debt and for general corporate purposes

Gristede's is a New York City-area supermarket chain.

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