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Getty Images Makes Last-Minute Bond Payment, Avoids Default
Original: getty
Getty Images paid its bondholders just in time, avoiding a default after the New York Stock Exchange moved to delist its shares. The near-miss has drawn attention across the US, UK and Australia, with observers weighing what the delisting means for the photo agency's financial health and its longer-term prospects.
Why now: The sudden risk of default and delisting of a well-known company's shares has drawn fresh attention to Getty Images' finances.
Getty ImagesNew York Stock Exchange
Evidence
- Getty Images Avoids Default With Last-Minute Bond Payment After NYSE Moves to Delist Shares · Benzinga
Elsewhere
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