Home Technology Banks Line Up $15 Billion of Debt for Anthropic With Google Aid
Technology

Banks Line Up $15 Billion of Debt for Anthropic With Google Aid

Key Points

Banks Line Up $15 Billion of Debt for Anthropic With Google Aid Banks led by Morgan Stanley are in talks to line up $15 billion of debt for an Anthropic PBC data-center project in Texas, backstopped by Alphabet Inc.’s Google, according to people familiar with the matter. The package for data-center developer Nexus Data Centers would consist of a $14 billion bridge loan and a revolving credit facility, said the people, who asked not to be identified because the information isn’t public....

Banks Line Up $15 Billion of Debt for Anthropic With Google Aid Banks led by Morgan Stanley are in talks to line up $15 billion of debt for an Anthropic PBC data-center project in Texas, backstopped by Alphabet Inc.’s Google, according to people familiar with the matter. The package for data-center developer Nexus Data Centers would consist of a $14 billion bridge loan and a revolving credit facility, said the people, who asked not to be identified because the information isn’t public. Google would get an equity stake of about 20% in the project, located in Hubbard, Texas, they said.
Morgan Stanley (ORG) Anthropic PBC (ORG) Texas (LOCATION) Alphabet Inc.’s (ORG) Google (ORG) Nexus Data Centers (ORG) Hubbard (LOCATION)
Originally published by Bloomberg Technology Read original →