Getty Images amends revolver, extending maturity, increasing size

By Sara Rosenberg

New York, June 4 - Getty Images Inc. amended its senior unsecured revolving credit facility on Wednesday, extending the maturity date to Oct. 3 and increasing the size by $65 million to $265 million, according to an 8-K filed with the Securities and Exchange Commission.

The company currently plans on drawing down funds under the revolver to repay its $265 million of 0.50% convertible subordinated series B debentures due 2023, if necessary.

U.S. Bank is the administrative agent on the deal.

Getty Images is a Seattle-based creator and distributor of still imagery, footage and multi-media products, and a provider of other forms of digital content.

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