Desert Capital Circles EA’s Debt as $55 Billion Buyout Machine Roars On
A heavyweight consortium backed by Saudi Arabia’s sovereign wealth muscle has moved to sweep up $1.5 billion worth of debt issued by U.S. gaming giant Electronic Arts, tightening its grip ahead of a historic takeover. The buying vehicle, dubbed Oak-Eagle, brings together Saudi Arabia’s Public Investment Fund, global tech investor Silver Lake, and Affinity Partners. …
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