Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Banks Launch EA Acquisition Case $5.75 Billion Cross-Border Loan Offering
A loan term sheet seen by Reuters shows that a syndicate led by JPMorgan Chase began marketing a $5.75 billion loan to investors on Monday to finance a leveraged buyout of Electronic Arts (EA).
The term sheet indicates that this 7-year B-Loan is divided into two parts:
The funds will be used to support the privatization of game publisher EA by an investor consortium that includes the Public Investment Fund of Saudi Arabia (PIF), Silver Lake, and Affinity Partners, in a deal valued at $55 billion.
The term sheet also shows that the financing includes a $3.25 billion A-Loan and an additional $9 billion of secured and unsecured debt denominated in U.S. dollars and euros.
According to announcements made last September, this privatization deal is expected to close by June 2026.
The term sheet indicates that the bank’s underwriting conditions for the $4 billion portion of the B-Loan and the €1.531 billion portion are:
The deadline for the loan offering is set for the close of trading on March 23.
EA has not yet commented on this matter.