Getty Images plans to file for Chapter 11 bankruptcy protection within weeks under a pre-agreed restructuring plan that will take it private, with completion expected by year-end. The Getty family and Koch Equity Development will own 100% of the company and inject up to $533 million in new equity, while unsecured bondholders agreed to cancel $270 million in bonds. Getty says operations will continue normally and suppliers will be paid in full. The company had about $2.1 billion in debt as of June 30, while its market value was just $20.74 million at Friday's close, versus a roughly $4.8 billion valuation when it went public via SPAC in 2022. The stock has lost about 99% of its value, and the NYSE has begun delisting procedures.
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Original headline: Nóng: Getty Images nộp đơn phá sản, gánh khoản nợ 2,1 tỷ USD
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