India, Oct. 12 -- Getty Images has secured support for a major debt restructuring deal. The visual-content company said on Monday that its major creditors and investors had agreed to support a plan to reduce its debt, raise fresh money and take the company private.

The company will receive up to $533 million in fresh equity. Affiliates of the Getty family and Koch Equity Development have committed to invest up to $533 million in the company under the restructuring support agreement, as reported by Reuters.

The deal will help Getty Images reduce its debt burden. The restructuring plan includes changes to the company's existing debt, fresh investment and steps to lower its borrowing costs.

Holders of $270 million in unsecured bonds have ...