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

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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.
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