Activision sets launch date for $2.5 billion credit

By Natalie Wright NEW YORK (Reuters) - Video game publisher Activision Blizzard is expected to launch September 4 its new $2.5 billion credit backing the company's plan to spin itself off from Vivendi and buy back shares, loan investors told Thomson Reuters LPC. The loan package is expected to include a $2.25 billion term loan B and a $250 million revolving credit facility. The company has received commitments from Bank of America Merrill Lynch and JP Morgan for the bank financing. Activision also plans to issue $1 billion of secured notes and $1. ...

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