Electronic Arts (NASDAQ:EA) sells for $210, handing over $505 million yearly coupon hurdle to acquirers

Electronic Arts (NASDAQ:EA) has been acquired for $210 per share, totaling approximately $55 billion, by a consortium led by PIF, Silver Lake, and Affinity Partners. The company is now a wholly owned subsidiary, having exited public markets on August 4, 2026. The acquisition introduces significant financial commitments for the new owners, including an estimated $505 million in annual coupon payments from newly issued fixed-rate notes, which represent a substantial increase from EA's previous cash interest payments and will consume a notable portion of its operating cash flow.