Getty Images Holdings, Inc.: files prepackaged chapter 11 cases

What happened

• Getty Images Holdings, Inc. and certain subsidiaries filed voluntary petitions (the "Chapter 11 Cases") under chapter 11 of the United States Code on Oct 21, 2026 to implement a prepackaged chapter 11 plan of reorganization (the "Plan") pursuant to a restructuring support agreement entered Oct 12, 2026. The Company commenced solicitation of votes on the Plan with a related disclosure statement on Oct 20, 2026.

Key details

• The Company Parties filed customary "first day" motions to continue operating in the ordinary course and requested joint administration under the caption In re Getty Images Holdings, Inc., et al.
• The Company filed a motion seeking approval of debtor-in-possession financing contemplated by the RSA (the "Financing").
• The commencement of the Chapter 11 Cases constituted an event of default that accelerated obligations under the Debt Instruments, including approximately $40,100,000 aggregate principal amount of U.S. dollar term loans and approximately €407,000,000 aggregate principal amount of euro term loans, approximately $150,000,000 of revolving loans, approximately $539,900,000 of 11.250% Senior Secured Notes due 2030, approximately $264,700,000 of 14.000% Senior Notes due 2028, and approximately $5,300,000 of 9.750% Senior Notes due 2027; enforcement efforts are automatically stayed by the Chapter 11 filings.
• The RSA includes a "fiduciary-out" permitting the Company to terminate the RSA to pursue an Alternative Restructuring Proposal subject to notice and information-sharing obligations.

Why it may matter

• This report covers Item 1.03 (bankruptcy or receivership), Item 2.04 (triggering events that accelerate or increase a direct financial obligation) and Item 7.01 (Regulation FD disclosure) of the Form 8-K and furnishes the Disclosure Statement and a press release. This filing does not show why the company acted.