Electronic Arts Inc. · NASDAQ:EA
Electronic Arts — Debt Investor Presentation (July 2011)
5 slides from Electronic Arts's debt investor presentation, Jul 20, 2011
Slide 1: Convertible Debt Offering Summary
Exhibit 99.2 Convertible Debt Offering Summary Electronic Arts July 20, 2011
Slide 2: Safe Harbor Statement
Safe Harbor Statement Please review our risk factors on Form 10-K filed with the SEC. Some statements set forth in this presentation contain forward-looking statements that are subject to change. These forward-looking statements are subject to risks and uncertainties that could cause actual events o
Slide 3: EA Announces Completion of $632.5MM Convertible Notes Offering
EA Announces Completion of $632.5MM Convertible Notes Offering Security Convertible Senior Notes due 2016 (“The Notes”) Total Size $632.5MM (including fully exercised $82.5MM greenshoe) Coupon 0.75% Conversion Premium / Price 35.0% / $31.74 Underlying Shares 19.93MM Call Spread To raise the effectiv
Slide 4: Convertible Offering Highlights
Convertible Offering Highlights • The Notes: $632.5MM of 0.75% Convertible Senior Notes due 2016 • Net cost of convertible note hedge transactions $42.3M or 6.7% of bond issuance • Significant high quality investor demand including existing shareholders of EA • Marketed Efficiently: One-day marketed
Slide 5: Shares Issued Upon Conversion
Shares Issued Upon Conversion Minimal Economic Dilution Shares Issued Upon Conversion MM % of TSO 10.0 3.0% 5.0 1.5% 0.0 0.0% $26.14 $31.14 $36.14 $41.14 $46.14 $51.14 $56.14 $61.14 $66.14 Stock Price at Conversion Number of Shares % of Total Shares Outstanding Shares Issued Upon Conversion - Conver
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