EA pitches $15B debt package with focus on $700M in savings, Bloomberg says

EA is courting buyers for a $15B debt package to fund its acquisition by a group of investors, with the pitch centered on nearly $700M in projected annual cost savings its new owners argue should be counted as earnings, Aaron Weinman, Paula Seligson, and Michelle Cheng of Bloomberg reports. EA has told investors that the $263M spent on research and development for the worlds of Battlefield 6 and Skate can be added back to earnings, as this was a one-time cost and both games are now live, people familiar with the matter told Bloomberg.