From Seekingalpha · CrossingBridge Advisors · · 40s
Getty Images Debt Restructuring
Getty Images agrees to debt restructuring with family and Koch.
In brief
Getty Images agrees to debt restructuring with family and Koch. Getty Images completed a consensual Chapter 11 restructuring with the Getty family and Koch, exchanging secured notes for new first lien bonds due 2032. Originally reported by Seekingalpha.
Getty Debt Position
Getty had $1.2 billion first lien debt and $1.5 billion total debt by July 2025.
Debt Restructuring Agreement
Getty agreed to consensual Chapter 11 restructuring with Getty family and Koch on October 12, 2025.
New Debt Terms
Secured notes exchanged for new first lien bonds due April 2032 with accrued interest paid in cash.
The takeaway
Getty Images completed a consensual Chapter 11 restructuring with the Getty family and Koch, exchanging secured notes for new first lien bonds due 2032.
