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Rural Funds Group raising $100m for macadamia initiatives

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Stockbrokers Bell Potter, Wilsons and UBS have been tapped for a $100 million rights issue by farms owner Rural Funds Group.

Rural Funds has begun planting macadamia trees in Bundaberg (pictured), Maryborough and Rockhampton. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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Original URL: https://www.afr.com/street-talk/rural-funds-group-raising-100m-for-macadamia-initiatives-20210708-p587vb