Back to News
investment

JPMorgan to Start Debt Deal for $55 Billion EA Buyout Next Week

Aaron Weinman, Rachel Graf
Loading...
1 min read
0 likes
⚡ Quantum Brief
JPMorgan Chase will launch syndicated debt sales next week for Electronic Arts’ $55 billion leveraged buyout—the largest on record—according to an insider familiar with the deal. The bank is targeting $20 billion in financing, with EA CEO Andrew Wilson meeting top speculative-grade investors at JPMorgan’s Miami Beach leveraged finance conference this week to secure anchor commitments. The deal marks a historic moment in corporate finance, surpassing previous buyout records and signaling strong confidence in EA’s valuation despite market volatility. Wilson’s direct engagement with investors underscores the high-stakes nature of the transaction, aiming to lock in key backers before the formal debt offering begins. The move reflects JPMorgan’s strategic push to lead high-profile leveraged buyouts, leveraging its capital markets dominance amid a competitive lending landscape.
AI Audio Summary
0:00 / 0:00
Click to play
Gemini_Generated_Image_ik14kvik14kvik14.png
Quantum News · Media Library

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000JPMorgan Chase & Co. is set to formally start the process next week of selling syndicated debt for the record leveraged buyout of Electronic Arts Inc., according to a person familiar with the matter.The largest US bank is hosting a leveraged finance conference in Miami Beach this week, where Andrew Wilson, Electronic Arts’ chief executive officer, will take meetings with some of the largest speculative-grade debt investors for anchor commitments on the financing, which will be about $20 billion in total, said the person, who asked not to be named because the information isn’t public.

Read Original

Tags

quantum-finance

Source Information

Source: Bloomberg Markets

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.