Oak-Eagle extends deadline for Electronic Arts bond tender offers linked to merger deal

Oak-Eagle AcquireCo has extended the expiration and settlement dates for its cash tender offers to buy Electronic Arts' 2031 and 2051 senior notes. The extension moves the expiration to July 30, 2026, and settlement to August 4, 2026, aligning with the planned closing of the merger where Oak-Eagle will acquire Electronic Arts. The tender offers and consent solicitations are part of the merger process and are contingent on the merger's completion. Oak-Eagle and its investor consortium aim to simplify the debt structure by amending the indenture and potentially defeasing remaining notes after the tender offers.