AI startup Anthropic is offering private equity giant Blackstone a yield exceeding 10% to finance its latest high-performance semiconductor acquisition, according to the Financial Times.
📌 Key Deal Terms & Financing Structure:
• $9 Billion Debt Facility: Blackstone funds are set to provide $9 billion in debt financing for Anthropic’s chip deployment.
• >10% Double-Digit Yield: Anthropic is offering high-yield terms to secure the necessary capital for its compute capacity expansion.
• 5-Year Lease Backing: The deal is collateralized and backed by Anthropic’s 5-year lease payment commitments on the chips.
💡 Market Takeaway: As Big Tech and AI labs race to secure compute power, private capital and direct lenders are stepping in to structure high-yielding, asset-backed debt facilities secured directly by hardware and lease cash flows.