Germany’s Weirdest Debt Market May No Longer Be Safe Haven for Lenders


(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. 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 the meeting, but the investor pressure ultimately encouraged the company to improve its terms.



Source link

  • Related Posts

    The Free Press summer reading list

    I was asked to nominate so here goes: Free Press columnist Tyler Cowen picks a biography of one of the finest poets of the 20th century, Paul Celan: A Life, by Anna Arno. Could Celan…

    Estados Unidos avanza; Brasil cumple y Haití queda eliminado: Radar Mundial

    IE 11 no es compatible. Para una experiencia óptima, visite nuestro sitio en otro navegador. SIGUIENTE Paraguay pega temprano y la expulsión de Almirón marca el partido | Todo el…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    With World Cup in Guadalajara, families of Mexico's disappeared turn loved ones into soccer stickers

    With World Cup in Guadalajara, families of Mexico's disappeared turn loved ones into soccer stickers

    Is That Call, Text or Email Real? Here’s How to Identify Scams

    Is That Call, Text or Email Real? Here’s How to Identify Scams

    The 5 Smartest Ways To Burn Miles On Business Class In 2026 That Most Passengers Miss

    The 5 Smartest Ways To Burn Miles On Business Class In 2026 That Most Passengers Miss

    The Free Press summer reading list

    The Free Press summer reading list

    US envoy headed for Switzerland, Israeli strikes on Lebanon threaten talks | News

    US envoy headed for Switzerland, Israeli strikes on Lebanon threaten talks | News

    MLC 2026, SEO vs WSF 3rd Match Match Report, June 19, 2026

    MLC 2026, SEO vs WSF 3rd Match Match Report, June 19, 2026