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Market Chatter: JPMorgan Kicks Off $5.75 Billion Loan Sale for Electronic Arts Leveraged Buyout
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Market Chatter: JPMorgan Kicks Off $5.75 Billion Loan Sale for Electronic Arts Leveraged Buyout
Mar 16, 2026 5:50 AM

08:24 AM EDT, 03/16/2026 (MT Newswires) -- A JPMorgan Chase ( JPM )-led (JPM) group of Wall Street banks commenced a $5.75 billion cross-border leveraged loan sale to help finance Electronic Arts' ( EA ) buyout, Bloomberg reported Monday, citing a person familiar with the matter.

A $4 billion loan is being offered at a discounted price of roughly $0.985 on the dollar and a margin of 3.50 to 3.75 percentage points over a benchmark, the report said. JPMorgan ( JPM ) is also offering a 1.53 billion euro ($1.75 billion) loan at similar terms, according to Bloomberg.

A lender call is set for 10 a.m. ET on Tuesday, with lender commitments due March 23, Bloomberg reported.

JPMorgan ( JPM ) and Electronic Arts ( EA ) didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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