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ADV Pulse
2 months ago
KTM’s dance with financial peril appears to be winding down after a simple majority of creditors (more than 50 percent of entities holding at least 50 percent of total claims) approved a restructuring plan presented by its parent company, Pierer Mobility. The plan involves a one-time cash payout equaling 30 percent of each approved creditor’s […] The post KTM To Resume Production After Creditors Approve Restructuring Plan appeared first on ADV Pulse. https://www.advpulse.com/adv-news/ktm-to-resume-production-after-creditors-approve-restructuring-plan/