Electronic Arts refinances $500M undrawn revolving credit facility; new maturity March 2028

ELECTRONIC ARTS INC.

New $500M unsecured revolving credit facility replaces prior facility that was undrawn and due August 2024.
Facility matures March 22, 2028; includes an increase option of up to $500M additional commitments.
Interest rates based on credit ratings; applicable spread ranges from 0.875% (A2/A) to 1.375% (<Baa3/BBB-).
Extension option allows up to two additional one-year terms; no loans drawn at closing.

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