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Published on 1/30/2023 in the Prospect News Bank Loan Daily.

Getty Images shops amendment to migrate U.S. term loan to SOFR

By Sara Rosenberg

New York, Jan. 30 – Getty Images Inc. is seeking a negative consent amendment to transition its U.S. term loan to SOFR from Libor and add 10 basis points CSA, according to a market source.

JPMorgan Chase Bank is the lead on the deal.

The amendment deadline is Friday, the source added.

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


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