Apollo’s Shutterfly Sweetens Debt as Investors Weigh AI Risk
Shutterfly has sweetened terms on a portion of a critical debt refinancing, in a bid to assuage investors spooked by potential AI disruption and widening losses.
By Michelle Cheng, Gowri Gurumurthy · Bloomberg Markets
Shutterfly has sweetened terms on a portion of a critical debt refinancing, in a bid to assuage investors spooked by potential AI disruption and widening losses.