JPMorgan’s $500 Million EA Debt Fee Lures Banks Eager for a Cut

Banks are vying for a slice of the roughly $500 million of fees tied to JPMorgan Chase & Co.’s $20 billion debt financing backing the take-private of Electronic Arts Inc., according to people with knowledge of the matter.

A large group of lenders are expected to participate in the deal, the people said, asking not to be identified because discussions are private.

Gaming company EA is being taken private by Saudi Arabia’s Public Investment Fund, Silver Lake Management and Jared Kushner’s Affinity Partners in a deal announced Monday. JPMorgan was the single debt underwriter for the ...