secwatch.observer — SEC 8-K summary
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Issuer:     Getty Images Holdings, Inc. (GETY)
CIK:        0001898496
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001213900-25-039834
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Getty Images subsidiary issues $540M 11.25% senior secured notes due 2030 to exchange existing term loans
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- Issued $539,944,389 in 11.250% Senior Secured Notes due February 21, 2030 under exchange offer for up to $580M of Dollar Fixed Rate Term B-1 Loans.
- Cash interest payable semi-annually on May 1 and November 1, beginning November 1, 2025.
- Notes are senior secured obligations, guaranteed by certain wholly-owned domestic restricted subsidiaries, and secured on a first-priority basis pari passu with existing first lien debt.
- Optional redemption prior to Feb 21, 2027 at make-whole premium; after that at defined redemption prices; change of control put at 101%.
- Covenants limit incurrence of additional debt, dividends, investments, asset sales, and affiliate transactions, subject to customary exceptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898496/000121390025039834/0001213900-25-039834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898496/000121390025039834/ea0240945-8k_getty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-039834

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