Getty Images is trading 5.19% down at $0.25 as investors weigh delayed interest payments and credit downgrades.
- The company used 30-day grace periods for interest due September 1 on senior unsecured notes.
- Moody’s downgraded its corporate family rating to Caa3 from Caa1; S&P cut its rating to CCC and placed ratings on negative watch.
- Broader markets are weaker, but debt concerns remain the clearest catalyst.