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The latest shutterfly news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks shutterfly across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.
Apollo Global Management made concessions on Shutterfly's refinancing, offering a 12.5% yield and rolling its second-lien debt into a new $250 million junior tranche. Shutterfly faces $2.4 billion in total debt, declining revenue, and uncertainty over AI's long-term impact on its business.
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