KTM's creditors approve restructuring plan

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 ...
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
The KTM 390 Adventure gets off-roading capabilities while also doubling down as a good tourer with its 399cc engine and other ...
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
KTM has now started the delivery for its 390 Adventure, the adventure tourer gets several first in segment features. Check ...
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 ...
A lot of custom bikes out there are either garage queens or intended to be kept in pristine condition, but this bad boy is ...
The investment will be either in the form of equity capital/preference capital/loan – convertible or otherwise in one or more tranches.