04:33 PM EST, 02/21/2025 (MT Newswires) -- Getty Images ( GETY ) said Friday it has completed the refinancing of nearly $1.04 billion in existing term loans.

As part of the refinancing, Getty Images ( GETY ) units Getty Images Inc. and Abe Investment, as borrowers, have amended their credit agreement to secure new financing. This includes a $580 million five-year US dollar term facility and a 440 million euros ($460.2 million) five-year euro term facility.

The proceeds will be used to fully repay existing term loans due in February 2026, the company said.