Getty Images Reaches Restructuring Agreement Backed by $143M DIP, $433M Equity
Getty Images announced a recapitalization plan supported by a restructuring support agreement with majority shareholders and key creditors, paving the way for a prepackaged Chapter 11. The plan includes a shareholder-provided, court-approved debtor-in-possession facility.
Getty Images announced a comprehensive recapitalization anchored by a Restructuring Support Agreement (RSA) with majority shareholders and key creditors, paving the way for a prepackaged Chapter 11. The plan is supported by a shareholder-provided, court-approved debtor-in-possession (DIP) facility…