Oak-Eagle AcquireCo Extends Electronic Arts Debt Tender Deadline

The extension applies to the company’s 1.850% senior notes due in 2031 and 2.950% senior notes due in 2051. These financial maneuvers are tied to the pending acquisition of Electronic Arts by an investor consortium comprising The Public Investment Fund, Silver Lake, and Affinity Partners. While the merger is moving forward, the tender offers remain strictly conditional upon the deal’s closing.

As of the latest report from Global Bondholder Services Corporation, approximately $68.59 million of the 2031 notes and $7.92 million of the 2051 notes have been validly tendered. The withdrawal deadline passed on February 24, 2026, meaning any notes submitted after that date are now locked into the process. If the required consents are secured, the Offeror intends to amend the indenture to eliminate specific restrictive covenants and default provisions for the remaining notes. For any debt that stays outstanding after the tender, the Offeror reserves the option to pursue defeasance or other repurchase methods to clear the company’s books.