Getty Rumoured to have Raised $100M From Bondholders In Debt Swap

By Lee Torrens Just when you thought Getty Images was close to folding under the weight of its massive debt, rumours sourced by Bloomberg say the company has found a way to raise more cash to revive their “midstock” business. If the rumours are accurate, the investors will be getting better-ranked bonds with higher interest rates in exchange for the $100M in cash. Debt and Interest… …read more

Via: Microstock Diaries


Marco | Editor

Editor at large and founder of a bunch of stockphoto businesses