Anthropic Debt Now Priced at Junk After Blackstone Reverses Investment-Grade Guidance

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Anthropic credit rating guidance reversed: Blackstone warned investors on October 30 that the Claude maker should expect a junk-grade double-B rating from Moody's, S&P, and Fitch after its IPO, reversing an earlier promise of investment-grade status that would have unlocked cheaper borrowing across its $518B compute commitment. — Tech Times

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