Bajaj Auto Limited — Updates, 22-05-2025: Press Release
22-05-2025 | 10:13 am
22-05-2025 | 10:13 am
Bajaj Auto, through its subsidiary BAIH BV, has secured an €800 million (Rs.7,770 Cr approx.) debt package to support KTM’s restructuring. This includes a €450 million term loan to KTM AG and a €150 million investment in convertible bonds of Pierer Bajaj AG, aimed at settling debts and reviving KTM’s operations. Bajaj plans to move from minority to majority ownership post approvals, reinforcing its focus on premium motorcycle growth and global expansion via KTM.
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