US EditionBajaj Auto Arm Picks Up Another €100-Million Loan To Fund KTM Rescue
- Bajaj Auto, a Pune-based motorcycle maker, secured a €100 million loan on May 23, 2025, to support KTM's restructuring in Austria.
- This financing follows KTM’s November 2024 court-supervised restructuring due to liquidity issues and creditor approval in February 2025.
- Bajaj will channel funds through its Netherlands subsidiary BAIHBV to gain a controlling stake in Pierer Bajaj AG, which controls KTM's parent company.
- Bajaj described the move as part of a "comprehensive strategy" to revive KTM’s operations and reposition it for global growth from Mumbai.
- The funding aims to meet a 30% court-mandated creditor payout deadline, prevent KTM insolvency, and enable Bajaj to restart production and governance overhaul.
20 Articles
20 Articles
Production, Racing: This Is How KTM Continues
The 600 million euro renovation is financed, with Bajaj you get a new majority owner – after more than six months of trembling, KTM was able to set the decisive course one day before the payday. What's the next step? Does the motorcycle manufacturer remain true to racing? What about the start of production? Gottfried Neumeister answers that.
der Standard AT
der Standard DEKTM Saved: Indians Pay and Take over Majority, Pierer Goes
The creditors of the Mattighofen motorcycle manufacturer get their quota, the money comes from KTM partner Bajaj. He is to receive the majority of the KTM mother Pierer Mobility
Bajaj Auto Arm Picks Up Another €100-Million Loan To Fund KTM Rescue
A unit of Bajaj Auto Ltd. has picked up another loan to fund its rescue plan for KTM AG that's undergoing bankruptcy proceedings in Austria.Bajaj Auto International BV, the Netherlands-based investment vehicle of the Pune-based automaker, has executed a loan agreement with Standard Chartered Bank for €100 million (about Rs 970 crore). It's an unsecured loan for a period of one year.Earlier on Thursday, Bajaj Auto said it has decided to take cont…
Bajaj Auto moves to gain control of KTM amid restructuring efforts
New Delhi: Bajaj Auto Limited, through its wholly owned subsidiary Bajaj Auto International Holdings BV (BAIHBV), has announced its intention to acquire a controlling stake in the Austrian-headquartered KTM business, pending regulatory approvals. The move is aimed at transitioning from its current minority position to majority ownership within the global KTM company. Currently, KTM operations in India function under a joint development agreement…
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