secwatch.observer — SEC 8-K summary
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Issuer:     Getty Images Holdings, Inc. (GETY)
CIK:        0001898496
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001213900-25-100912
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Getty Images exchanges $294.7M in notes and issues $628.4M senior secured notes for Shutterstock merger
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- Getty Images subsidiary exchanged $294,686,000 of 9.750% Senior Notes due 2027 for new 14.000% Senior Notes due 2028.
- Issued $628,400,000 of 10.500% Senior Secured Notes due 2030, with proceeds placed in escrow for the Shutterstock merger.
- Proceeds from secured notes will fund approximately $350M cash consideration to Shutterstock common stockholders and refinance Shutterstock debt.
- Shutterstock and its subsidiaries will guarantee the new senior notes and the senior secured notes within 20 business days after merger closing.
- The exchange offer received tenders for 98.23% of outstanding Old Notes, with $5,314,000 remaining outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898496/000121390025100912/0001213900-25-100912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898496/000121390025100912/ea0261900-8k_getty.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-100912

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer