Blackstone expects Anthropic to receive a double-B credit rating after its initial public offering, TechCrunch reports, citing the Financial Times. Double-B is the top tier of speculative, or “junk,” ratings. The forecast differs from Blackstone’s earlier expectation that Anthropic would earn an investment-grade rating before 2027.
Blackstone was the anchor investor in a $63 billion deal to finance Anthropic’s chips. A junk rating could make borrowing more difficult and expensive, but the rating is only Blackstone’s prediction; Anthropic and Blackstone declined to comment to TechCrunch.
Why it matters
For investors and lenders considering Anthropic, the forecast signals a possible higher cost of borrowing, but it is not an agency rating or a confirmed outcome.