ITI Capital Ltd. announced that it will raise EUR 50 million for De Raj Group. De Raj Group is attracting funds to finance M&A transactions and organic project acquisitions to support robust revenue growth. In addition to its current exposure into energy equipment services, the company expects to increase revenues from acquiring existing revenue generating assets and execution of new contracts for the construction of energy-saving modules. The bond placement scheduled for September 2019 will be structured as a private issue with a minimum subscription amount of EUR 100,000 addressed solely to qualified investors. The coupon with quarterly payment will amount to 8% p.a., maturity date will be September 2022.