Getty Images Reports Interest Payments and 'Active Dialogue' With Debt and Equity Holders
By Josh Beckerman
Getty Images Holdings made the interest payments for its senior unsecured notes within the 30-day grace period.
The stock-photo company, which previously said it was analyzing finance alternatives and balance sheet management initiatives, said in a securities filing that there is "an active and progressing dialogue with its key debt and equity holders."
On Aug. 31, Getty said it would delay Sept. 1 interest payments but had sufficient cash for the payments and day-to-day obligations.
On Tuesday, the New York Stock Exchange suspended Getty shares and said it was seeking to delist the stock due to "abnormally low selling price" levels. The company has a right to appeal.
The stock, now traded over the counter, was recently up 9% to 9 cents.
Getty's history includes a $3.3 billion sale in 2012 to Carlyle Group and a 2022 SPAC transaction with a $4.8 billion enterprise value.
In August, Getty said quarterly results "reflected continued pressure in Agency and iStock e-commerce, while the larger parts of our business serving enterprise customers continued to demonstrate resilience and growth." Revenue declined 2.5% to $229.1 million.
Getty terminated a planned merger agreement with Shutterstock, citing conditions imposed by a U.K. regulator.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 30, 2026 14:07 ET (18:07 GMT)
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