Banks delay plans to offload part of $15B Anthropic-tied Texas data center loan
Banks are delaying plans to offload part of a $15 billion loan for a data center tied to Anthropic PBC in Texas, after the state put a hold on new projects while assessing risks to its power grid. Bloomberg reports that the bond offering delay would leave the banks holding the debt on their balance sheet longer than they originally planned.
NoteA state hold on new projects can delay even a loan that lenders have already lined up, and the debt stays on bank balance sheets for longer.
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