Blackstone Expects Anthropic Could Receive a Junk-Grade Credit Rating After Listing

TechFlow reported on October 31, citing the UK's Financial Times, that Blackstone told investors Anthropic may not receive an investment-grade credit rating after its initial public offering (IPO) and is expected to receive a higher-tier junk-grade rating.

This expectation represents an adjustment from the rating guidance Blackstone previously provided to investors. Reuters also relayed the report, noting that it reflects Blackstone's expectations for the post-listing rating, not a formal rating decision already made by a rating agency.

Source: TechFlow