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Anthropic offers Blackstone double-digit yield in chip-financing deal, FT reports

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In short

Anthropic is offering Blackstone a yield of more than 10 percent to finance its chip-financing deal, according to the Financial Times. This could be a significant boost for Blackstone's returns on the investment.

Key points

  • Anthropic is offering Blackstone a yield of more than 10 percent.: Anthropic is offering Blackstone a yield of more than 10 percent.
  • The deal involves investing $9 billion in debt backed by lease payments.: The deal involves investing $9 billion in debt backed by lease payments.
  • The yield represents a significant boost for Blackstone's returns.: The yield represents a significant boost for Blackstone's returns.

Sources checked by our analysis pipeline: 1

Oct 16 : Anthropic is offering Blackstone a yield of more than 10 per cent to finance its latest chip deal, the Financial Times reported on Friday.

Blackstone funds would invest $9 billion in the debt backed by Anthropic's five-year lease payments on the chips, the report said, citing people familiar with the matter.

Reuters could not immediately verify the report.

Source: Reuters

Original source: www.channelnewsasia.com

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