Morgan Stanley Agents $825MM Facility to Support Shutterfly Buy

Online retailer Shutterfly acquired school photography company Lifetouch for $825 million in cash. Morgan Stanley agented the term loan to support the acquisition.

Morgan Stanley Agents $500MM Shutterfly Financing

Shutterfly entered into a credit agreement for a $300 million senior secured delayed draw term loan B and a $200 million senior secured revolving credit facility with Morgan Stanley as administrative agent.

JPMorgan Agents Shutterfly $200MM Revolving Credit Agreement

Shutterfly has amended its secured revolving credit facility with a group of lenders led by JPMorgan Chase serving as administrative agent.