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ADV Pulse
2 weeks ago
Just when it looked like KTM was about to run out of trail, the embattled motorcycle maker once again dodged financial ruin, just days ahead of a make-or-break deadline in its court-ordered restructuring. The company needed €600 million in emergency funding to meet a court-mandated requirement to repay 30% of what it owes creditors who […] The post KTM Narrowly Avoids Liquidation Thanks To €600M Lifeline appeared first on ADV Pulse. https://www.advpulse.com/adv-news/ktm-narrowly-avoids-liquidation-thanks-to-e600m-lifeline/