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Getty Images dusts off full refi after family takes back control

By Owen Sanderson
31 Jan 2019

Getty Images launched a refinancing of its capital structure on Thursday, the company’s first capital markets outing since the Getty family regained control of it last September. An investment vehicle controlled by conservative activists the Koch brothers was willing to commit $500m of preferred PIK equity last year, but the refi of the debt stack had to wait for market conditions to improve.

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By Owen Sanderson
31 Jan 2019