KTM To Resume Production After Creditors Approve Restructuring Plan

Rss

Well-known member
Joined
Jun 4, 2018
Location
Italy
Bikes
Yes
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.

More...
 
Back
Top Bottom