KTM AG is facing pushback from a major U.S. creditor as it heads toward a crucial debt restructuring vote on February 25th. The issue centers on American hedge fund Whitebox Advisors LLC, which holds KTM’s Schuldschein promissory notes and has accused the Austrian manufacturer of using “delaying tactics” to avoid negotiations over its alternative proposal. […]
The post Major Creditor Clashes With KTM Ahead Of Crucial Restructuring Vote appeared first on ADV Pulse.
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The post Major Creditor Clashes With KTM Ahead Of Crucial Restructuring Vote appeared first on ADV Pulse.
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