secwatch.observer — SEC 8-K summary
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Issuer:     ELECTRONIC ARTS INC. (EA)
CIK:        0000712515
Form:       8-K
Filed at:   2022-10-20T23:59:59+00:00
Accession:  0000712515-22-000061
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EA replaces LIBOR with Term SOFR and other benchmarks in $500M credit facility
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- Amended $500M revolving credit facility to replace LIBOR with Term SOFR for USD loans and market-standard rates for other currencies.
- No amounts drawn under facility; maturity remains August 29, 2024.
- Amendment effective October 18, 2022; no other material changes to credit agreement.
- No impact on financial condition or operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/712515/000071251522000061/0000712515-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/712515/000071251522000061/ea-20221018.htm
  HTML page:      https://secwatch.observer/filing/0000712515-22-000061

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