JPMorgan Tees Up EA Debt Sale as Iran War Shakes Credit Markets

As JPMorgan Chase & Co. kicked off investor discussions this week over the $20 billion financing for Electronic Arts Inc., nervousness around a protracted war in the Middle East cast a shadow over the largest ever debt sale for a leveraged buyout.But within days, oil prices had eased and stocks recovered losses as President Donald Trump said the war with Iran was almost done. That’s giving bankers the confidence to say the deal backing the video-game maker’s acquisition by a private equity consortium will l ...