Back-to-back Qualtrics, EA debt sales to test bond investors' appetites in volatile market

Group 1 - A group of banks led by JPMorgan Chase plans to market a debt package for Qualtrics' acquisition of Press Ganey Forsta after completing a debt sale for Electronic Arts (EA) [1][2] - The EA leveraged buyout involves a $5.75 billion cross-border loan, with a closing aim by March 23, before pricing negotiations for the Qualtrics debt [2][3] - EA's acquisition by a consortium including Saudi Arabia's Public Investment Fund and Silver Lake is a record $55 billion deal, expected to close in June, financed by various loans totaling $12.25 billion [3][4] Group 2 - The EA debt offering has attracted over $19 billion in investor demand since its launch [4] - Qualtrics' acquisition of Press Ganey Forsta is a $6.75 billion deal, primarily financed by a $5.3 billion debt package, including a $3.3 billion leveraged loan and $2 billion in high-yield bonds [5] - Marketing for the Qualtrics debt is set to begin shortly after the EA debt sale closes, with an expected closing in early April [6][7]