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Bank of America and others launch $60 billion financing to support Anthropic leasing Google AI chips

Bank of America and others launch $60 billion financing to support Anthropic leasing Google AI chips

智通财经智通财经2026/10/05 21:31
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According to the Financial Times, Bank of America, Citigroup, and Morgan Stanley have begun distributing a total debt financing package of $60 billion to other banks, to support Anthropic’s leasing of Google (GOOG.US) AI chips in what is the largest chip financing deal to date. Of this amount, approximately $42 billion consists of senior secured loans backed by Broadcom (AVGO.US), with syndication launching on Monday; an additional $18 billion, a tranche of subordinated debt without Broadcom’s backing, is expected to be launched later, with Blackstone committed to providing about $9 billion of the funding. The funds raised will support Anthropic’s chip orders for 2027, with lease payments beginning after chip delivery. Broadcom may also receive up to $42 billion in convertible notes from Anthropic as payment for related leasing costs. This $60 billion financing is being seen as a key test of market demand for AI-related debt.

According to the Financial Times, Bank of America, Citigroup, and Morgan Stanley have begun syndicating a total of $60 billion in debt financing to other banks to support Anthropic's leasing of Google (GOOG.US) AI chips, marking the largest-ever chip financing deal to date. Of this, approximately $42 billion is a senior secured loan backed by Broadcom (AVGO.US), with syndication having started on Monday; an additional $18 billion in subordinate debt not backed by Broadcom is expected to be launched later, with Blackstone already committed to providing about $9 billion of the funding. The funds raised will be used for Anthropic's chip orders in 2027, with lease payments beginning after the chips are delivered. Broadcom may also receive up to $42 billion in convertible notes from Anthropic to pay for related lease expenses. This $60 billion financing deal is seen as a key test of market demand for AI-related debt.
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