Getty Images closes upsized, extended $150 million five-year revolver

By Marisa Wong

Los Angeles, May 10 – Getty Images Holdings, Inc. announced an amended, extended and upsized $150 million five-year revolving credit facility with subsidiaries Getty Images, Inc. and Abe Investment Holdings, Inc. as borrowers.

The parties entered into the amendment to the existing $80 million revolver set to mature on Feb. 19, 2024 on May 4, according to a press release.

“We are very pleased with our new upsized facility as it provides us with improved access to liquidity and greater operating flexibility,” chief financial officer Jennifer Leyden said in the release.

The syndicate of banks for the amended and extended revolver is led by JPMorgan Chase Bank, NA acting as lead arranger and administrative agent. The banking group also includes Bank of America, Citigroup, Goldman Sachs, U.S. Bank, Credit Suisse and Northern Trust.

Getty Images is a Seattle-based visual content creator and marketplace.

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