EQS-News: Bajaj Mobility AG: Its wholly-owned subsidiary, KTM AG, strengthened its financial base through a successful refinancing, setting a clear course for growth
EQS-News: Bajaj Mobility AG / Key word(s): Financing/Financing
Bajaj Mobility AG: Its wholly-owned subsidiary, KTM AG, strengthened its
financial base through a successful refinancing, setting a clear course
for growth
27.02.2026 / 13:06 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Corporate News
Mattighofen, 27 February 2026
Bajaj Mobility AG: Its 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.”
About Bajaj Mobility AG (formerly PIERER Mobility AG)
Bajaj Mobility AG (formerly PIERER Mobility AG) is a global leader in
premium motorcycles and the listed subsidiary of Bajaj Auto Limited, the
world’s most valuable two‑ and three‑wheeler company. As the holding
company of KTM AG, Bajaj Mobility AG brings together some of the most
iconic and performance‑driven brands in the global motorcycle
industry—KTM, Husqvarna Motorcycles and GASGAS. Headquartered in Austria,
the company represents a pinnacle of European engineering excellence
across high‑performance racing motorcycles, street and offroad bikes, and
travel‑oriented models, complemented by premium WP components. With an
established presence across these segments and a trusted rider base in
more than 70 countries, Bajaj Mobility AG is recognized for its innovative
engineering and strong product portfolio. Through its parent Bajaj Auto
Limited, the group benefits from extensive technological expertise and a
worldwide distribution network, enabling decisive execution and long‑term
value creation. Together, the group continues to set benchmarks in
performance, quality, and global reach across the international motorcycle
industry.
For further information
Investor Relations
Dipl.-Ök. Stephanie Kniep
Phone: +43 664 2896931
E-Mail: [1]ir@bajajmobility.com
Website:[2] https://www.bajajmobility.com
ISIN: AT0000KTMI02; Swiss Security Number (Switzerland): 41860974; Ticker
symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI
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27.02.2026 CET/CEST This Corporate News was distributed by [3]EQS Group
View original content: [4]EQS News
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Language: English
Company: Bajaj Mobility AG
Stallhofnerstraße 3
5230 Mattighofen
Austria
Phone: +43 (0) 7742-6000
Fax: +43 (0)7742-6000300
E-mail: ir@bajajmobility.com
Internet: www.bajajmobility.com
ISIN: AT0000KTMI02
WKN: A2JKHY
Listed: SIX, Vienna Stock Exchange
EQS News ID: 2283108
Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
SW; PKTM AV Reuters: PKTM.S; PKTM.VI
End of News EQS News Service
2283108 27.02.2026 CET/CEST
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