The Big OneDeals
Blackstone expects Anthropic to receive a high junk rating after IPO, FT says
The Financial Times says Blackstone told investors in a $63 billion deal to finance Anthropic’s chips that it expects a “high” junk rating after the IPO. The FT notes that Blackstone had earlier said the Claude maker would receive an investment-grade rating before 2027. Anthropic and Blackstone both declined to comment to TechCrunch.
NoteBlackstone's forecast is just a prediction, but a high junk rating would make raising money harder and costlier for Anthropic, which has been on a large compute spending spree.
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