Anthropic expected to get junk credit rating after IPO
Original title: Anthropic expected to receive high ‘junk’ rating from credit agencies following IPO, report says
Blackstone now forecasts a double-B rating, reversing an earlier view of investment grade before 2027.
The Financial Times reports that Blackstone told investors it expects Anthropic to receive a high junk credit rating after its IPO, in the double-B range. Blackstone, an anchor investor in a $63 billion chip-financing deal, had previously expected an investment-grade rating before 2027. Anthropic and Blackstone declined to comment. Anthropic filed to go public earlier this week.
Unconfirmed: Neither Anthropic nor Blackstone confirmed the Financial Times account.
- A junk rating would make further borrowing for compute more costly.
- The view is Blackstone’s forecast, not a published agency rating.
- Anthropic has signed large compute-power deals over the past 12 months.
From the original article
1 min read at techcrunch.com
The new report says the AI lab will likely qualify for a high junk rating.
By Lucas Ropek · techcrunch.com
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