Blackstone Expects Anthropic to Receive Junk-Rated Credit Rating After Going Public

On October 31, citing the UK's Financial Times, Blackstone told investors that Anthropic is unlikely to secure an investment-grade credit rating following its initial public offering (IPO), and is expected to receive a higher-tier speculative grade rating.

This expectation adjusts the rating guidance Blackstone previously provided to investors. Reuters also relayed the news, noting that it pertains to Blackstone's forecast for the post-listing rating rather than a formal rating decision already issued by credit rating agencies.