JPMorgan Joined by About 20 Banks on $20 Billion EA Buyout Debt

Bank of America Corp., Citigroup Inc. and Morgan Stanley are among about 20 banks that have joined a $20 billion debt financing backing the buyout of Electronic Arts Inc., giving...

By Jeannine Amodeo, Claire Ruckin · Bloomberg Markets

Bank of America Corp., Citigroup Inc. and Morgan Stanley are among about 20 banks that have joined a $20 billion debt financing backing the buyout of Electronic Arts Inc., giving them a slice of the massive fees tied to the biggest leveraged buyout ever.