EQS-Ad-hoc: PIERER Mobility AG / Key word(s): Financing PIERER Mobility AG: Restructuring plan of KTM AG accepted by creditors 25-Feb-2025 / 13:48 CET/CEST Disclosure of an inside information acc.
EQS-News: PIERER Mobility AG / Key word(s): Restructure of Company/Financing PIERER Mobility: Back on track - KTM AG reorganization plan accepted by creditors 25.02.2025 / 14:15 CET/CEST The ...
KTM produces again, but the crisis continues. 600 million euros still have to be paid to creditors by the end of May and ...
KTM’s financial troubles are perhaps the most talked-about event in today’s motorcycle industry, and its parent company, Pierer Mobility AG, has shared a further update now. On February 25 ...
KTM AG (who built the firm’s bikes) was responsible for the lion’s share of this, with 3847 claims against them equating to around €2.25 billion. KTM FE GmbH (who are responsible for R&D ...
The loan is part of a larger approved investment of up to €150 million and will ultimately help finance the operations of KTM AG, a leading European motorcycle manufacturer currently undergoing ...
(Bloomberg) -- Creditors of Austrian motorcycle maker KTM AG have approved a restructuring plan that will write off 70% of what they’re owed. The company now has three months to secure about € ...
The Pierer Mobility Group has announced that KTM AG’s restructuring plan to pay back creditors and ensure its survival was accepted in a regional court in Austria on Tuesday. The Austrian firm ...
To help out KTM, Bajaj Auto also transfers the first 50 million Euros to Pierer Bajaj AG, from the 150 million Euros committed Looks like KTM is finally seeing the light at the end of the tunnel ...
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