Loan & Debt18 May 2026, 06:01 pm
Bajaj Auto: BAIH BV Terminates Loan Agreements
AI Summary
Bajaj Auto International Holdings BV (BAIH BV), a wholly-owned subsidiary of Bajaj Auto Ltd, has terminated its loan agreements with JP Morgan Chase Bank N.A. and DBS Bank Ltd. This follows BAIH AG's prepayment of all outstanding dues to BAIH BV under the Shareholder Loan. Consequently, BAIH BV fully repaid outstanding dues of Euro 80 million to the banks, leading to the termination of the loan agreements on May 18, 2026. The initial shareholder loan agreement was for Euro 50 million, and BAIH BV had also secured Euro 666 million in loans from multiple banks for investment activities.
Key Highlights
- Bajaj Auto International Holdings BV terminates loan agreements with JP Morgan and DBS Bank.
- Termination follows full repayment of outstanding dues by BAIH AG to BAIH BV.
- BAIH BV repaid Euro 80 million to JP Morgan and DBS Bank.
- Initial shareholder loan agreement was for Euro 50 million.
- BAIH BV had secured Euro 666 million in loans for investment activities.