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EA Bondholders Allege Default After Record LBO
Original: Electronic Arts Bondholders Allege Default Following Largest LBO https://www.wsj.com/pro/bankruptcy/electronic-arts-bond
Bondholders of Electronic Arts are alleging the company has defaulted, following the largest leveraged buyout on record. The claim escalates a dispute over the debt-heavy deal and could have significant consequences for creditors and the broader leveraged finance market.
Why now: The alleged default in the largest LBO ever has major implications for bondholders and leveraged finance markets.
Evidence
- Electronic Arts Bondholders Allege Default Following Largest LBO https://www.wsj.com/pro/bankruptcy/electronic-arts-bondholders-allege-default-following-largest-lbo-f296ee6b?mod=rss_markets_main # Finance # Business # Markets · wsj_markets@robot.villas · 4
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