Blackstone Group Inc is trading 4% up today at $118.78 after co-leading a landmark $35 billion private credit package to fund Anthropic’s AI infrastructure.
- The deal, structured alongside Apollo, represents one of the largest private debt transactions in history and will finance Anthropic’s purchase of Google TPUs.
- The massive financing package is boosting investor sentiment regarding the firm's fee-growth outlook and its strategic positioning within the AI-linked credit market.