Market Chatter: Anthropic May Not Get Investment-Grade Rating After IPO, Blackstone Says

MT Newswires Live10-31 01:12

Blackstone (BX) told investors that Anthropic may not receive an investment-grade rating after its initial public offering and instead could receive a "high" junk rating from the major credit-ratings agencies, the Financial Times reported Friday, citing people familiar with the matter.

Blackstone is acting as an anchor investor on Anthropic's latest $63 billion chip financing deal, known as Project North Star, the report said.

Blackstone and Anthropic didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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