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Anthropic offers Blackstone over 10% yield for Google TPU financing
Anthropic is proposing a yield exceeding 10% to Blackstone for assistance in financing a $60 billion debt package aimed at acquiring Google's custom tensor processing units. This financing includes $9 billion in junior loans secured by five-year lease payments, complemented by $42 billion in senior debt guaranteed by Broadcom. The arrangement highlights increased borrowing expenses and strong investor interest in higher risk premiums for AI infrastructure.
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