April 2, 2018 / 8:58 PM / 9 months ago

BRIEF-Shutterfly Says Entered Into Incremental Term Loan Amendment

April 2 (Reuters) - Shutterfly Inc:

* SHUTTERFLY INC SAYS ENTERED INTO AN INCREMENTAL TERM LOAN AMENDMENT, AMENDING CREDIT AGREEMENT, DATED AS OF AUGUST 17, 2017 - SEC FILING

* INCREMENTAL TERM LOAN AMENDMENT PROVIDES FOR INCURRENCE BY CO OF INCREMENTAL TERM LOAN IN AN AGGREGATE PRINCIPAL AMOUNT OF $825 MILLION

* INCREMENTAL TERM LOAN WAS FULLY FUNDED ON CLOSING DATE AND MATURES ON AUGUST 17, 2024

* PROCEEDS OF LOANS WERE USED TO FINANCE ACQUISITION OF LIFETOUCH INC Source text - bit.ly/2pYhWyG Further company coverage:

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