Getty Images Holdings, a global visual content creator and marketplace, closed a comprehensive refinancing of its existing term loans, which were set to mature on Feb. 19, 2026.
As part of the refinancing, Getty Images and Abe Investment, each a subsidiary of Getty Images Holdings, have amended their existing credit agreement to, among other things, incur a new $580 million five-year U.S. dollar term facility and a new €440 million five-year euro term facility through a syndicate of lenders led by JP Morgan Chase Bank. The proceeds of the new term facilities will be used to fully repay the borrowers’ existing term loans. The borrowers’ $300 million senior unsecured notes due March 2027 remain outstanding.
“With this transaction complete, we are extremely well-positioned to provide our customers with the very best visual content to meet their needs,” Craig Peters, CEO for Getty Images, said.
“The completion of our term loan refinancing is a testament to Getty Images’ strong financial foundation and our commitment to strategic growth,” Jenn Leyden, chief financial officer for Getty Images, said. “This initiative enhances our liquidity and provides the financial agility needed to capitalize on emerging opportunities and maximize shareholder returns.”