JPMorgan leads back-to-back debt sales for Qualtrics and EA, testing market appetite in a volatile environment. EA’s $5.75B take-private deal, part of a $55B LBO, sees strong investor interest. Qualtrics buys Press Ganey Forsta for $6.75B, backed by a $5.3B debt package. Both deals highlight tech sector challenges amid AI disruptions.
The EA deal, part of a $55B leveraged buyout, is expected to close in June. Qualtrics' deal to acquire Press Ganey Forsta is set to close in early April. Both deals involve significant debt packages, reflecting the increasing reliance on leverage in the tech sector.