JPMorgan Chase & Co.-led banks launched a $5.75 billion cross-border leveraged loan to help finance the buyout of video game maker Electronic Arts Inc., one of the largest leveraged-loan transactions of its kind. The deal represents significant syndicated financing activity in the leveraged loan market and will engage cross-border lenders, with potential implications for bank loan syndication and credit market liquidity.
JPMorgan Chase & Co.-led banks launched a $5.75 billion cross-border leveraged loan to help finance the buyout of video game maker Electronic Arts Inc., one of the largest leveraged-loan transactions of its kind. The deal represents significant syndicated financing activity in the leveraged loan market and will engage cross-border lenders, with potential implications for bank loan syndication and credit market liquidity.
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