Bloomberg: General Atlantic looking to provide $2 billion debt financing to Shutterfly
Bloomberg reports that debt-burdened photo personalization leader Shutterfly is in talks with private credit lenders led by General Atlantic are in talks to provide about $2 billion of debt, citing “people with knowledge of the matter.” Proceeds would refinance some of the company’s high-yield bonds and leveraged loans, the people said, asking not to be identified discussing a private transaction. The...
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