KTM, restructuring

Motorbike Maker KTM’s Lenders Take 70% Hit in Restructuring
Creditors of Austrian motorbike maker KTM AG approved a restructuring plan that will write off 70% of the company’s debt and resume production with the help of new investments.KTM will need to secure €548 million ($575 million) of funding by May 23 to pay creditors,
KTM to restart production after securing creditor approval for €548m restructuring plan
Read the latest update from KTM's ongoing financial uncertainty, including approval for a €548m restructuring plan, here with MCN.
548m euro KTM Creditor Plan Accepted: This is When Production Will Ramp up Again
To help kick start production, KTM is stated to be receiving a sum of 50 million euros from what the press release calls an “extended circle of shareholders”. The companies within that “extended circle” are not named, although CFMoto, Bajaj, FountainVest, and more recently BMW, have all been mentioned as lining up to invest.
Pierer Mobility shares halted after KTM restructuring plan approved
Shares in Pierer Mobility AG were halted from trading on Tuesday after being seen up 16.7% in response to the reorganization plan for the company's subsidiary KTM AG being accepted by creditors.
KTM's creditors approve restructuring plan as company's future is secured
Positive news for KTM ahead of start of the new MotoGP season in Thailand as creditors agree to the 30% cash quota
EQS-Adhoc: PIERER Mobility AG: Restructuring plan of KTM AG accepted by creditors
KTM AG, a wholly owned subsidiary of PIERER Mobility AG, applied for court restructuring proceedings with self-administration on November 29, 2024. The aim of the proceedings was to agree on a restructuring plan with the creditors within 90 days.
KTM Avoids Bankruptcy and Alleged BMW Takeover With Restructuring Plan
KTM owes nearly $2 billion, which isn’t something creditors are just going to forget about because of restructuring. To keep them happy, the Austrian bike maker needs to pay 30% of its outstanding claims in one lump sum of $575 million by May 23,
KTM Isn't Dead Yet
The company only has a firm due date for 30 percent of its debt, an amount it realistically hopes can be raised with outside ...
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Bajaj-backed KTM’s creditors take 70% cut in debt recast
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
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Stop the presses – KTM lives on!
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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Crunch verdict arrives for major creditors vote to decide KTM survival
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
KTM to be relieved of debt after insolvency and continue production in March
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
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Could BMW Really be About to Buy KTM?
Adding weight to the rumours of the move on KTM by BMW is that according to oe24, Oberbank, an Austrian financial institution ...
Bajaj Auto’s Investment in KTM’s Parent Firm: A Takeover in the Making?
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 ...
2025 KTM 390 Adventure Review; Best ADV Under 500 cc?
We finally get on the saddle and ride the highly anticipated new-generation KTM 390 Adventure in the sunny and beautiful ...
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KTM Sets A New Course Forward
Reorganization plan still needs another €800 million KTM’s creditors have accepted the company’s restructuring plan, creating ...