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Business & Finance

Shutterfly Kicks Off $1.9 Billion Junk Deal to Tackle Debt Pile

Shutterfly Kicks Off $1.9 Billion Junk Deal to Tackle Debt Pile
Bloomberg Markets Friday 29 May 2026, 13:17 UTC By Jeannine Amodeo, Gowri Gurumurthy, Reshmi Basu 1 min read
Key Points

Shutterfly has initiated a $1.9 billion junk bond deal to address its significant debt. This financial manoeuvre is intended to help the company manage its existing debt obligations.

A Shutterfly orange shipping box in Lafayette, California.
Originally published by Bloomberg Markets Read original →

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