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India

KTM motorcycle, subsidiary of Bajaj group, India, secures EUR 550 million refinancing loan

On February 27, Bajaj Auto announced that KTM AG, the Austria‑based motorcycle manufacturer and step‑down subsidiary, has signed a new EUR 550 million unsecured loan with an international banking consortium to refinance debt owed to Bajaj Auto International Holdings B.V.
The five‑year facility, bearing interest in t....

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