The transaction was accredited by EA’s Board of Administrators, is anticipated to shut in Q1 FY27 and is topic to customary closing circumstances, together with receipt of required regulatory approvals and approval by EA stockholders. Following the shut of the transaction, EA’s frequent inventory will not be listed on any public market.
The transaction might be funded by a mix of money from every of PIF, Silver Lake, and Affinity Companions in addition to roll-over of PIF’s present stake in EA, constituting an fairness funding of roughly $36 billion, and $20 billion of debt financing absolutely and solely dedicated by JPMorgan Chase Financial institution, N.A., $18 billion of which is anticipated to be funded at shut. Every of PIF, Silver Lake, and Affinity Companions plan to fund the fairness part of the financing fully from capital below their respective management.