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 ...
The plan involves additional financing from expanded shareholders, despite opposition from US hedge fund Whitebox Advisors.
With debts at over €2 billion, KTM’s restructuring plan vowed to pay back 30% to creditors - initially within two years, but ...
The former largest European motorcycle brand wants to resume production, which was halted in December. This is possible as ...
Positive news for KTM ahead of start of the new MotoGP season in Thailand as creditors agree to the 30% cash quota ...
Read the latest update from KTM's ongoing financial uncertainty, including approval for a €548m restructuring plan, here with ...
MotoGP: The MotoGP World Championship begins this weekend in Buriram but, today, KTM AG had to deal with the most important ...
The future of KTM Factory Racing, at least in the short term, appears to be secure, after the company scaled back factory ...