Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
BAIH BV currently holds a 49.9% stake in Pierer Bajaj AG (PBAG), which in turn owns 74.94% of PMAG, the parent company of KTM ...
Cash Quota of 30%, Payable by May 23, 2025 Further Fresh Capital of Around EUR 800 Million Required Production Will be Ramped up Again From Mid-March 2025 WELS, Austria - February 25, 2025 ...
To help kick start production, KTM is stated to be receiving a sum of 50 million euros from what the press release calls an ...
Positive news for KTM ahead of start of the new MotoGP season in Thailand as creditors agree to the 30% cash quota ...
The Pierer Mobility Group's restructuring plan to ensure KTM's survival has been approved by bank creditors in Austria. On ...
The proceedings aimed to agree on a restructuring plan with the creditors within 90 days. At today’s restructuring plan ...