EA Touts Up to $700 Million in Savings as Bond Sale Launches

For Electronic Arts Inc.’s prospective debt investors, Battlefield 6 and Skate aren’t just two of the video-game maker’s most popular titles. They’re a multi-million-dollar accounting adjustment as well.

As EA courts buyers for a $15 billion debt package to fund its acquisition by a group of investment firms, the pitch centers on nearly $700 million in projected annual cost savings its new owners say should be counted as earnings.