Electronic Arts $15 Billion Debt Sale Draws $25 Billion Demand

Electronic Arts Inc. has attracted about $25 billion of demand from investors for a nearly $15 billion debt offering to fund a buyout of the company, a sign of increased interest from buyers as banks navigate volatile markets to offload debt tied to acquisitions. Investors have placed about $9 billion of orders for a roughly $4 billion leveraged loan sale tied to the deal that a JPMorgan Chase & Co.-led bank group launched earlier this week, according to people with knowledge of the matter. Most Read fr ...

Electronic Arts $15 Billion Debt Sale Draws $25 Billion Demand - Reportify