KTM debt restructruing

Franz

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As everybody has already read or heard about KTM's financial troubles, news in Austrian News outlets indicate that the courts requirements will be met by latest deadline this week Fri 23rd May. As the rumours run around it seems that one of the major shareholders BAJAJ from India will come up with the finds for 30% payment which should be around 548 mio Euros but in total Euro 600 mio will be needed and yesterday evening news indicated that this is now sure to be paid so that KTM can continue.
Would be a shame if KTM is wasted....................
 
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