Getty Images reaches $533M equity-backed restructuring deal, plans prepackaged Chapter 11 filing

Getty Images has reached a $533 million equity-backed restructuring deal to cut debt and transition to private ownership, after SI tools cratered demand for its licensed photos and videos. Equity investors would own 100% of the company, and it plans a prepackaged Chapter 11 filing in the coming weeks, expected to complete by year end.

Detected & updated continuously · Source: Nebula