June 7 (Reuters) - Rural Funds Group RFF.AX
* Responsible entity & manager of Rural Funds Group announces that it will undertake a $78.6 million entitlement offer
* RFF will use proceeds of entitlement offer to reduce gearing from 42.7% to 29.5%, following debt funded acquisition of two assets
* FY17 DPU expected to be 9.64 cents
* FY18 DPU is forecast to be 10.0 cents Source text for Eikon: Further company coverage: RFF.AX