Apollo’s $35 Billion Broadcom-Anthropic Credit Deal Begins Trading, With $15 Billion Due by 2027
Updated
Updated · Bloomberg · Jul 9
Apollo’s $35 Billion Broadcom-Anthropic Credit Deal Begins Trading, With $15 Billion Due by 2027
3 articles · Updated · Bloomberg · Jul 9
Summary
A first portion of Apollo and Blackstone’s $35 billion financing package for Broadcom and Anthropic is expected to become tradable in the next few months as borrowers start drawing the debt.
About $15 billion of the package should be available for trading by early next year, widening access for money managers and dealers to the record private-credit deal.
The financing backs AI infrastructure expansion tied to Broadcom and Anthropic, underscoring how private credit is funding ever-larger chip and data-center buildouts.
Is this record $35B private credit deal a financial innovation or the seed of the next systemic crisis?
Beyond the hype, what are the hidden risks for investors in the AI infrastructure gold rush?
With AI's power demand creating a new energy crisis, can our grid support this massive infrastructure boom?
Anthropic’s $35 Billion Financing: The Private Credit Revolution Powering AI Compute Expansion
Overview
In July 2026, Anthropic secured a landmark $35 billion private credit financing package, led by Apollo and Blackstone, to fund its aggressive AI compute expansion. This deal highlights the growing role of private credit as AI companies face massive capital needs and infrastructure shortages. With Morgan Stanley projecting an additional $1.5 trillion in AI financing required by 2028, the Anthropic transaction sets a new standard for innovative deal structures in the sector. It marks a pivotal moment for both the private credit market and the AI industry, demonstrating how private capital is fueling the next wave of AI growth.