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Austrian motorcycle manufacturer KTM AG has successfully secured €600 million in funding to meet its debt obligations, marking a significant milestone in its ongoing financial restructuring.
This development ensures the company's stability and continued operations in the global motorcycle market.
The funding, facilitated by major shareholder Bajaj Auto, enables KTM to fulfill a critical payment to creditors, covering 30% of its outstanding debts estimated at over €2 billion. This move is part of a comprehensive restructuring plan aimed at addressing the financial challenges the company has faced in recent times.
For Australian riders and enthusiasts, KTM's strengthened financial position is promising. It suggests the company's commitment to innovation and the continued availability of its diverse range of motorcycles in the Australian market. Consumers can anticipate sustained support and potential new offerings from KTM as it navigates this period of financial consolidation.
Published:Wednesday, 24th Dec 2025 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
Markel Insurance has announced the appointment of Tim Wills as Head of Marine for Australia, marking a significant expansion into the country's marine insurance sector. Based in Sydney, Wills will spearhead the introduction of Markel's marine products, starting with marine cargo coverage. This move represents the company's first foray into the Australian market beyond its existing long-tail lines established two years prior. - read more
Pelagic Risk Services, a specialist marine insurance broker, has announced an increased commitment to the Australian marina industry by upgrading its sponsorship of the Marina Industries Association (MIA) from Silver to Gold. This enhanced partnership underscores Pelagic's dedication to supporting marinas across the nation. - read more
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