Bajaj Mobility AG's wholly-owned subsidiary, KTM AG, strengthened its financial base through a successful refinancing, setting a clear course for growth

Bajaj Mobility AG announces that KTM AG has successfully secured a loan to refinance its existing debt with Bajaj Auto International Holdings B.V. This refinancing is based on a newly signed loan agreement of EUR 550 million with an international banking consortium consisting of J.P. Morgan SE, HSBC, DBS Bank Limited und MUFG Bank Ltd. The loan is unsecured, has a five-year term, and bears total interest (EURIBOR + margin) in the low to mid-single-digit percentage range.

The new loan fully replaces the EUR 450 million financing granted by Bajaj Auto International Holdings B.V. in 2025 as part of the restructuring process. This refinancing provides KTM AG with a strengthened and long-term financial foundation.

The refinancing comes at a time when KTM AG's operating performance has shown clear signs of improvement. After a challenging first half of 2025, the second half of the year developed very positively: global retail sales increased by around 60 percent compared to H1 2025, wholesale deliveries were stabilized in line with market demand, and inventory levels were reduced by over 100,000 units.

The group also continued its strong momentum in motorsports. Following the record year 2025 with 29 championship titles - the most successful motorsport season in the company's history - KTM AG seamlessly built on this success in 2026, winning, among other events, the Rally Dakar and securing additional world championship titles in Motocross and Enduro. These achievements impressively underline the technological strength, competitiveness, and global appeal of the KTM, Husqvarna Motorcycles, and GASGAS brands.

CEO Gottfried Neumeister: "The successful refinancing demonstrates the clear confidence that international banks have in KTM AG's future. An unsecured loan of this magnitude is an exceptionally strong signal and provides us with stability, flexibility, and momentum for the years ahead."

Shares of Bajaj Auto Limited was last trading in BSE at Rs. 9968.95 as compared to the previous close of Rs. 10108.80. The total number of shares traded during the day was 6563 in over 2191 trades.

The stock hit an intraday high of Rs. 10108.00 and intraday low of 9931.50. The net turnover during the day was Rs. 65630068.00.

Source : Equity Bulls

Keywords

BajajAuto INE917I01010 2Wheelers 3Wheelers BajajMobilityAG KTMAG DebtRefinancing