Getty Images (GETY) said Friday it has completed the refinancing of nearly $1.04 billion in existing term loans.
As part of the refinancing, Getty Images units Getty Images Inc. and Abe Investment, as borrowers, have amended their credit agreement to secure new financing. This includes a $580 million five-year US dollar term facility and a 440 million euros ($460.2 million) five-year euro term facility.
The proceeds will be used to fully repay existing term loans due in February 2026, the company said.
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