- Getty Images Holdings Inc (NYSE:GETY) said it had set aside an additional $25 million of balance sheet cash for the previously announced $275 million of deal proceeds towards debt repayment.
- The Company’s subsidiary, Getty Images Inc, made a voluntary prepayment of $300 million of its senior secured term loan.
- Following the voluntary prepayment, the Company has approximately $692.6 million outstanding under its USD Term Loan, and $438.9 million outstanding under its EUR Term Loan converted using the currency exchange rate as of June 30, 2022.
- Getty Images merged with a publicly traded special purpose acquisition company, CC Neuberger Principal Holdings, and started trading on the New York Stock Exchange on July 25, 2022.
- The Company held $213.8 million in cash and equivalents as of June 30, 2022.
- Price Action: GETY shares are trading higher by 7.27% at $29.53 on the last check Wednesday.
Enbridge Announces CDN$4.0B Bought-Deal Offering Of Common Shares Under Which The Underwriters Have Agreed To Purchase, On A Bought Deal Basis, 89.49M Common Shares Of The Company At An Offering Price Of CDN$44.70/Share
Enbridge Inc. (TSX:ENB) (NYSE:ENB) ("Enbridge" or the "Company") today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and Morgan Stanley,
