KEC International has raised an amount of Rs 75 crore on private placement basis. The company has allotted 750 secured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10 lakh to HDFC Trustee Company A/c HDFC Corporate Debt Opportunities Fund.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.