Sources: Anthropic is offering Blackstone a 10%+ yield to help finance Anthropic's $60B debt package to buy Google TPUs; Blackstone would invest $9B in the debt (Financial Times)
High borrowing costs are complicating Anthropic’s goal of securing investment-grade status.
Anthropic is offering Blackstone a yield above 10%, according to Financial Times reporting summarized by Techmeme. Blackstone would invest $9 billion in a $60 billion debt package to buy Google TPUs. The reported terms describe proposed financing, rather than a completed deal.
Techmeme's note
Anthropic is offering Blackstone a yield above 10%, according to Financial Times reporting summarized by Techmeme. Blackstone would invest $9 billion in a $60 billion debt package to buy Google TPUs. The reported terms describe proposed financing, rather than a completed deal.
Techmeme's note
score 9