Anthropic Expands Credit Facility to $15 Billion Ahead of Mega IPO

Anthropic is preparing to finalize an expansion of its revolving credit facility to $15 billion, up from the $2.5 billion facility it secured last year, Bloomberg reported Friday (Sept. 4), citing unnamed sources.

Companies typically finalize their revolving credit facility before notifying banks of their roles in the firm’s initial public offering, according to the […] The post Anthropic Expands Credit Facility to $15 Billion Ahead of Mega IPO appeared first on PYMNTS.com.