on PIERER Mobility AG (isin : AT0000KTMI02)
KTM AG Secures EUR 550 Million Refinancing Loan
KTM AG, under the umbrella of Bajaj Mobility AG, has obtained a significant refinancing loan of EUR 550 million from an international banking consortium. This move aims to fortify the company's financial standing and concludes its refinancing efforts.
This new loan agreement follows a previous loan of EUR 450 million extended by Bajaj Auto International Holdings B.V. in May 2025. The current loan, which is unsecured, carries a 5-year term with interest rates in the low to mid-single-digit range.
KTM AG will adhere to standard market restrictions on dividend distributions throughout the loan period. This strategic financial arrangement is pivotal in consolidating KTM AG's debt structure, ensuring a robust economic foundation for future growth.
R. E.
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