KTM Co-Owner Bajaj Auto Signs €566m Loan Before Funding Deadline
KTM 1290 super adventure motorcycles sit on the assembly line inside the KTM-Sportmotorcycle AG motorcycle manufacturing facility in Mattighofen, Austria.
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The co-owner of the KTM AG motorcycle maker has secured a €566 million ($632 million) one-year loan within days of a deadline to fund an insolvency plan at the troubled Austrian company.