Auto giant Bajaj, through its wholly owned subsidiary Bajaj Auto International Holdings BV (BAIHBV), is set to accelerate its long-standing partnership with KTM by transitioning from a minority stakeholder to a majority owner in the iconic Austrian motorcycle brand, the company said in an exchange filing.
This strategic move reinforces Bajaj Auto’s commitment to the premium and sports motorcycle segment. The acquisition is expected to strengthen Bajaj’s position in the global motorcycle market.
To support KTM’s ongoing transformation, BAIHBV has secured a €800 million debt funding package. This initiative not only addresses the company’s debt restructuring obligations—approved by the competent Austrian court—but also injects essential liquidity to revive KTM’s operations and stabilise its working capital cycle. Of the total amount, €200 million has already been infused, with the remaining €600 million being disbursed now.
This strategic move reinforces Bajaj Auto’s commitment to the premium and sports motorcycle segment. The acquisition is expected to strengthen Bajaj’s position in the global motorcycle market.
To support KTM’s ongoing transformation, BAIHBV has secured a €800 million debt funding package. This initiative not only addresses the company’s debt restructuring obligations—approved by the competent Austrian court—but also injects essential liquidity to revive KTM’s operations and stabilise its working capital cycle. Of the total amount, €200 million has already been infused, with the remaining €600 million being disbursed now.
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