Getty Images Holdings, Inc. (NYSE: GETY) announced the pricing of a $628.4 million aggregate principal amount of 10.5% senior secured notes due 2030. The notes, issued by Getty Images, Inc., a wholly owned subsidiary, are senior secured obligations jointly guaranteed by the same guarantors that back the company’s existing 11.25% senior secured notes due 2030 and its secured credit facility.
The proceeds from the offering will be deposited in an escrow account and, upon release, will be used to pay cash consideration to holders of Shutterstock common stock in connection with the pending merger of equals, refinance Shutterstock indebtedness, and cover associated fees and expenses. The notes are being offered only to qualified institutional buyers under Rule 144A and to non‑U.S. persons outside the United States under Regulation S.
The pricing announcement is part of Getty Images’ strategy to fund its merger with Shutterstock, which is expected to close around October 21, 2025. The new debt provides the liquidity needed to complete the transaction and strengthen the combined entity’s balance sheet, offering investors a clear indication of the company’s financing plan and merger progress.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.