Investment Opps

Rural Funds Management Limited (RFM), as responsible entity and manager of Rural Funds Group (RFF), is pleased to announce that it will undertake a $78.6 million Entitlement Offer. RFF will use the proceeds of the Entitlement Offer to initially reduce gearing from 42.7% to 29.5%, following the debt funded acquisition of two key assets over the past six months.

Stockwell Funds Management is pleased to announce the launch of their latest unlisted investment fund, The Bribie Lifestyle Village Investor Trust (Trust).

TPG Telecom Limited (ASX: TPM) (TPG) is pleased to announce the successful completion of the institutional component of its 1 for 11.13 accelerated non-renounceable pro-rata entitlement offer.

Bingo Industries has announced an initial public offering of 244.2 million new Shares at the Offer Price of $1.80 per Share (“Offer”). The Offer is expected to raise approximately $439.5 million. 

Suncorp Group Limited (Suncorp) today announced its intention to issue a new perpetual, subordinated, convertible, unsecured security, Suncorp Capital Notes (Capital Notes), to raise $250 million with the ability to raise more or less (the Offer). Capital Notes are expected to be quoted and tradable on the ASX.