Bajaj Mobility AG Secures Refinancing Loan of EUR 550 Million for KTM AG

Bajaj Mobility AG (BMAG), a step-down subsidiary of Bajaj Auto Limited, has announced that KTM AG, a wholly owned subsidiary of BMAG, has successfully secured a refinancing loan of EUR 550 million from an international banking consortium. The loan will be used to refinance the existing debt with Bajaj Auto International Holdings B.V., which was provided in May 2025 for the restructuring plan quota. The unsecured loan has a 5-year term and bears interest in the low to mid-single-digit percentage range. During the term of the loan agreement, KTM AG is subject to market-standard restrictions on dividend distributions.