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For three decades, Getty Images Holdings Inc. (NYSE: GETY ) made money selling the world’s pictures. Now, it has just three days to decide whether to pay its bondholders or move closer to a restructuring that could hand control to its lenders. Getty decided not to make interest payments due Sept. 1 on its 9.75% senior
Bloomberg News said negotiations also center on lenders taking control of Getty Images through a potential bankruptcy.
Getty Images In Talks With Lenders For Potential Bankruptcy Loan - Bloomberg News
'Getty Images in Talks With Lenders for Potential Bankruptcy Loan' - Bloomberg