KTM rescue: 600 million euros secured financing commitment!
KTM rescue: 600 million euros secured financing commitment!
Mattighofen, Österreich - The future of the Austrian motorcycle manufacturer KTM seems to be somewhat secured after on May 20, 2025 reported that a financing package of 600 euros for the renovation of the company was provided. This follows the bankruptcy of KTM, which was requested in December 2024. As a result, the manufacturer set up a renovation plan that was accepted in February 2025 by around 1,200 creditors with claims of 2.2 billion euros.
The creditors accepted a bar quota of 30 percent, which must be raised by May 23 to avoid bankruptcy. According to the notification of Pierer Mobility AG, which was also published on May 20, financing commitments have already been made to make these payments in good time. These commitments are crucial, because the failed fulfillment of these requirements can result in the end of the renovation process and the start of bankruptcy proceedings.
difficult investor search
The search for an investor was challenging due to the economic situation of KTM. Pierer Mobility had already commissioned the US investment bank Citigroup to find potential investors in December 2024. An interested co -owner, the Indian company Bajaj, has already made financial support several times after the bankruptcy registration and now also secured a loan in order to meet a large part of the necessary bar quota.
The production of the company is currently still, which brings significant wage and salary losses for the workforce. In addition, the production was reduced again in early May due to problems in the supply chains. These challenges illustrate the serious financial difficulties that KTM opposed.
Legal framework of the renovation
The situation at KTM also raises legal questions related to corporate crises. If the bankruptcy registration is delayed, managing directors can be personally liable, which is why forward -looking action and early coping with crisis are essential, such as Anwalt.de . These include measures such as extrajudicial renovation talks and the development of comprehensive renovation plans.
In addition to the timely procurement of capital, transparent communication with everyone involved is also important. In the case of KTM, everything now depends on whether the announced financing commitments will be received in good time at the renovation recipient Peter Vogl in order to cover the barquote and to avert the bankruptcy.
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| Ort | Mattighofen, Österreich |
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