Libby Cherry

Nachdem der traditionsreiche österreichische Motorradhersteller KTM im vergangenen Jahr seinen Gläubigern einen Insolvenzplan vorgelegt hatte, kamen mehrere von ihnen zu einer Videokonferenz zusammen, um einen Gegenvorschlag zu diskutieren. Mehr als 100 Parteien nahmen teil, allerdings war keiner der üblichen großen Unternehmenskreditgeber vertreten. Stattdessen setzte sich die Gruppe aus einem bunt gemischten Kreis von Investoren aus kleinen deutschen Städten, chinesischen Banken und europäisch

After storied Austrian motorcycle manufacturer KTM AG presented an insolvency plan to creditors last year, several of them convened a video conference to discuss a counter-proposal. More than 100 parties joined, but none of the usual big corporate lenders were involved. Instead, the group featured a motley crew of backers from tiny German towns, Chinese banks and European pension funds, all with wildly varying knowledge of the case at hand. The call was raucous, according to people briefed on th

(Bloomberg) -- After storied Austrian motorcycle manufacturer KTM AG presented an insolvency plan to creditors last year, several of them convened a video conference to discuss a counter-proposal.

Deutsche Bank AG analysts are recommending investors short Paragon’s debut bond, saying the UK business services group is overly dependent on acquisitions for growth.

Porsche AG plans to move the production of its Cayenne model from Bratislava to Leipzig, the Frankfurter Allgemeine Zeitung reported, as the carmaker seeks to utilize spare capacity at its German factories.

European Central Bank Executive Board member Isabel Schnabel warned that price pressures could turn out stronger than anticipated even as a US-Iran peace deal reopens the Strait of Hormuz.

EZB-Direktorin Isabel Schnabel hat trotz des vorläufigen Friedensabkommens zwischen den USA und dem Iran und der damit verbundenen Wiederöffnung der Straße von Hormus vor stärkerem Inflationsdruck als erwartet gewarnt.

The erstwhile creditors of Accell Group are preparing to offload the Dutch bike manufacturer, which they took ownership of via a debt restructuring this year.

German online car-parts retailer Autodoc Holding SE is raising €530 million ($606 million) in debt financing to help it buy back a minority stake held by Apollo Global Management Inc.

Unpopular LME deals give way to “lender education” discussions