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Vol. I · No. 13 Texas Edition
Monday, Oct 12
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Tech

EA reportedly leans on a private rating as bondholders claim default

The Next Web By Ana-Maria Stanciuc 0 views 0 comments
EA reportedly leans on a private rating as bondholders claim default
Image: The Next Web

EA has obtained an investment-grade rating from Egan-Jones for a subset of its bonds, and is using it to argue it does not owe creditors a 101-cent payout after the largest leveraged buyout on record. Egan-Jones is under SEC investigation over whether commercial pressure shaped its ratings, and it is certified to operate in the […]

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