Bajaj Auto has approved an investment of up to ₹1,364 crore in KTM which filed for bankruptcy amid slowdown in sales.
KTM receives creditor approval for debt restructuring,with Bajaj Auto providing €50M support. Company must secure €548M by May 23 to complete revival plan.
Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed ...
KTM’s future is finally looking positive as creditors accept the brand’s restructuring plan to mitigate the debt woes ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
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 ...
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Motorcycle on MSNKTM Sets A New Course ForwardReorganization plan still needs another €800 million KTM’s creditors have accepted the company’s restructuring plan, creating ...
The proceedings aimed to agree on a restructuring plan with the creditors within 90 days. At today’s restructuring plan ...
KTM AG has successfully secured creditor approval for its restructuring plan, a critical step in its financial recovery.
KTM owes nearly $2 billion, which isn’t something creditors are just going to forget about because of restructuring. To keep ...
Yes, you heard that right – following a vote at the regional court in Ried im Innkreis, Upper Austria, KTM's creditors have ...
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