aifollow.news
Blackstone previously expected Anthropic to secure an investment-grade rating by year-end, but now considers a speculative-grade rating in the BB range or higher more likely after its IPO, according to the report. Such a rating could limit investment in its debt by insurers and pension funds, complicating financing for computing infrastructure.
Coverage of the same occurrence shares a node; subsequent developments have their own nodes.
According to the Financial Times, Blackstone, an anchor investor in Anthropic’s chip financing deal, now expects the company to receive a double-B credit rating after its IPO, the highest tier of speculative “junk” grade. Blackstone had previously expected an investment-grade rating before 2027; the new assessment remains a prediction.
By original publication time, with each report's bookmarks and feedback preserved.
Blackstone previously expected Anthropic to secure an investment-grade rating by year-end, but now considers a speculative-grade rating in the BB range or higher more likely after its IPO, according to the report. Such a rating could limit investment in its debt by insurers and pension funds, complicating financing for computing infrastructure.
According to the Financial Times, Blackstone, an anchor investor in Anthropic’s chip financing deal, now expects the company to receive a double-B credit rating after its IPO, the highest tier of speculative “junk” grade. Blackstone had previously expected an investment-grade rating before 2027; the new assessment remains a prediction.
Name a person, company or topic. We find the sources and gather every new development in your own tab.