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Blackstone expects Anthropic to get a high junk credit rating

Blackstone reportedly told investors it expects Anthropic to receive a double-B rating after its IPO, revising an earlier, more positive forecast.

NoteBy Published by Oossa: 1 min read

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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.

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