JPMorgan’s $500 Million EA Debt Fee Lures Banks Eager for a Cut
The Electronic Arts headquarters in Redwood City, California.
Photographer: David Paul Morris/BloombergBanks are vying for a slice of the roughly $500 million of fees tied to JPMorgan Chase & Co.’s $20 billion debt financing backing the take-private of Electronic Arts Inc., according to people with knowledge of the matter.
A large group of lenders are expected to participate in the deal, the people said, asking not to be identified because discussions are private.