Freedom Foods Group is putting the final touches on its capital raising, with meetings with existing fund managers expected as early as tomorrow.
The UHT milk and plant-based drinks maker is poised to raise an estimated $260 million, with the major backers of the troubled Sydney-based company, the Perich clan, stumping up around $200 million via a convertible notes issue.
Loading...
Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
