Tag: Moody’s

Moody’s Investors Service has completed a periodic review of the ratings of Shutterfly, LLC, and maintained the companies B3 rating. In June, Moody’s downgraded the company’s rating from B2 to B3, from June 20. The service cited the key rating considerations: Shutterfly’s B3 Corporate Family Rating (CFR) reflects the company’s high financial leverage, exposure to cyclical consumer discretionary spending, highly... Read More