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Bajaj Auto International Holdings BV, a Dutch subsidiary of Indian conglomerate Bajaj Auto, has secured a €566 million loan.
MotoGP manufacturer KTM is set to receive financial backing from Bajaj Auto to help repay its debt, according to reports ...
KTM has confirmed on Tuesday that it has secured the necessary funding to pay its debt quota by the end of this week. The ...
It looks like the eleventh-hour bailout of the famous KTM brand has worked, as the Pierer Mobility Group confirms a ...
Indian two-wheeler manufacturer Bajaj Auto Ltd., in an exchange filing on Friday, stated that its European subsidiary-Bajaj ...
Following the recent capital increase and the impending €600 million payment to creditors, which Bajaj is set to make this ...
KTM ceased production and asked for court-supervised self-restructuring proceedings after debts ran to nearly two billion ...
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Motorcycle.com on MSNKTM Secures Funding To Pay Off CreditorsDebts wiped with 30% pay-out Pierer Mobility announced it has secured funding to support KTM’s restructuring plans, mere days before its deadline. The funds, totaling approximately €600 million ...
With all previous hurdles jumped, the last major deadline for KTM following the substantial financial difficulties is the ...
The cash injection, which has arrived just three days ahead of the May 23 deadline, means the Austrian manufacturer can now ...
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RideApart on MSNKTM Says It's Been Saved Again, Only Had a Few Days LeftUse precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...
Bajaj has long been a shareholder in KTM, but a $632 million loan popped up on the company's books for "investments" that ...
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