EA Bondholders Revolt After Shocking Debt Maneuver Tanks Prices

The private equity investors set to take over Electronic Arts Inc. are engineering a debt buyback that has hammered the company’s bonds. Now noteholders are banding together to figure out...

By Gowri Gurumurthy, Reshmi Basu · Bloomberg Markets

The private equity investors set to take over Electronic Arts Inc. are engineering a debt buyback that has hammered the company’s bonds. Now noteholders are banding together to figure out what – if anything — they can do to fight back.