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Anthropic expected to get junk rating after IPO

Blackstone predicts Anthropic will receive a high junk rating (double B) following its IPO, increasing funding costs. Previously, the firm expected an investment-grade rating by 2027.

Field
business and funding
What they did
Investor Blackstone predicts that after going public, company Anthropic will receive a low 'junk' bond rating.
Why it matters
This could make it more difficult and costly for the company to raise funds to finance its massive spending.
#anthropic#blackstone#ipo#credit rating#ai startup

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