Is JPMorgan selling EA debt?
JPMorgan Chase has actively engaged in syndicating and selling down portions of the massive multi-billion-dollar debt package it originally underwrote to finance the landmark leveraged buyout of Electronic Arts. As the lead financial arranger for the multi-billion-dollar take-private transaction, the bank successfully distributed syndicated loans and high-yield bonds to institutional investors and co-underwriters, effectively reducing its own hold exposure.
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