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EA fails to win bondholder support for buyback, Bloomberg News reports

BY Reuters | CORPORATE | 02/26/26 04:16 PM EST

Feb 26 (Reuters) - Electronic Arts (EA) has yet to win enough bondholder support to repurchase its bonds at a steep discount to face value and amend some lending terms, Bloomberg News reported on Thursday, citing firms that plan to acquire the company.

A key deadline for the agreement passed earlier this week, the report said. (Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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