S&P Lowers Getty Images Credit Rating, Flags Liquidity Concerns Amid Merger Uncertainty
S&P Global Ratings downgraded Getty Images Inc.'s issuer rating to B from B+ and placed the credit on CreditWatch negative, citing strained cash generation and elevated leverage linked to merger-related and litigation costs. The agency also reduced the issue-level rating on Getty Images' senior secured debt to B+ from BB-. S&P said the company may …