Blackstone now expects Anthropic to get a junk rating after its IPO

Blackstone expects Anthropic to receive a speculative-grade credit rating after its IPO, reversing its earlier forecast that the AI company would reach investment grade before 2027. The new forecast places Anthropic in the double-B range, the highest tier of junk-rated debt. A lower rating could make it harder and more expensive for the company to borrow as it funds its expanding computing capacity. Source

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