{
KTM

Companies

}

ktm owner seeks debt maturity extension amid financial restructuring efforts

Pierer Industrie AG is working to extend the maturity of nearly €250 million in debt due to financial challenges at its KTM motorcycle unit. The company, led by entrepreneur Stefan Pierer, has begun a restructuring process aimed at preventing creditors from demanding early repayment, without reducing their claims.
bloomberg.com
Euro KTM Pierer Industrie AG AUT Stefan Pierer
Finance & Economy, News Article
16:49 25.11.2024
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